HOUSE DOCKET, NO. 1505        FILED ON: 1/13/2009

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 284

The Commonwealth of Massachusetts

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In the Year Two Thousand Nine

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An Act relative to credit cards..

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. .  Section 12H of chapter 255 of the General Laws, as appearing in the 2002 Official Edition, by inserting after the word “balance” in line 21 the following, “or $10.00 whichever is less and the interest rate of a credit card shall not increase due to such delinquency.”