Senate Sponsors: WALSH,T. Short description: INTEREST-HIGHER CREDITORS RATE Synopsis of Bill as introduced: Amends the Interest Act. Increases, from 5% to 7%, the rate of interest to which creditors are entitled on money after it becomes due. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status