91st General Assembly
Summary of HB0853
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House Sponsors:

Short description: 
CREDIT CRD INTEREST ON INTERST                                             

Synopsis of Bill as introduced:
        Amends the Illinois Financial Services Development Act.  Provides      
   that a financial institution may not charge interest  upon  a  finance      
   charge  or  interest that has accrued in a cardholder's account if the      
   cardholder has fully paid the balance for the previous billing cycle.       
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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