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S04022Introduced in the Senate

Provides that any charges assessed by a credit card company for late payment shall not exceed five percent of the unpaid balance of any bill, including any interest thereon, or twenty dollars, whichever amount is less.

IntroducedSenate Consumer Affairs and Protection

Introduced by Kevin Parker, District 21

What does this bill do?

Plain-English breakdown

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Official description

Provides that any charges assessed by a credit card company for late payment shall not exceed five percent of the unpaid balance of any bill, including any interest thereon, or twenty dollars, whichever amount is less.

Where it stands

REFERRED TO CONSUMER PROTECTION

January 7, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

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Bill history

  1. REFERRED TO CONSUMER PROTECTION

  2. REFERRED TO CONSUMER PROTECTION

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