Bills · 2013-2014 Regular Session
Relating to: agreements relating to liability for unauthorized use of credit cards or debit cards.
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under this bill, any agreement between a credit card issuer and a credit card
holder, or between an individual and a financial institution holding an account of the
individual (account holder), that imposes liability on the credit card holder or
account holder for the unauthorized use of a credit card or debit card is not
enforceable to the extent that it imposes greater liability on the credit card holder
or account holder than is imposed on a credit card holder under the federal Truth in
Lending Act (TILA). Under TILA, a credit card holder's liability for unauthorized
use of a credit card is limited to a maximum of $50.
Sponsors
Full history
- Feb 27, 2014 · Assembly
Introduced by Representatives Genrich, Sargent, Barnes, Berceau, Bernard Schaber, Billings, Hebl, Hulsey, Kessler, Ohnstad, Pope, Ringhand, C. Taylor, Wachs, Wright, Young, Zamarripa and Zepnick; cosponsored by Senators Lassa, Schultz, Harris and Wirch
- Feb 27, 2014 · Assembly
Read first time and referred to Committee on Consumer Protection
- Apr 8, 2014 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1