The Commonwealth of Massachusetts

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PRESENTED BY:

Matthew C. Patrick

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
                Court assembled:

                The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:

An Act relative to credit cards.

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PETITION OF:

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 283 OF 2007-2008.]

The Commonwealth of Massachusetts

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In the Year Two Thousand and Nine

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An Act relative to credit cards.

                Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

            SECTION 1. .  Section 12H of chapter 255 of the General Laws, as appearing in the 2002 Official Edition, by inserting after the word “balance” in line 21 the following, “or $10.00 whichever is less and the interest rate of a credit card shall not increase due to such delinquency.”