90th General Assembly
Summary of SB0481
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Senate Sponsors:

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


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