Senate Sponsors: CARROLL. Short description: CONSUMER LATE PAYMENT ACT Synopsis of Bill as introduced: Creates the Consumer Late Payment Act. In the case of a payment for specified types of services provided to consumers, prohibits a business from charging a late payment fee or penalty of more than 1.5% if the business receives the payment within 5 days of the due date. Provides that a violation of the Act is a petty offense. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status