Introduced by Sen. Peter MacGregor (R) on December 13, 2017 To update details and definitions in a law that governs consumer credit card transactions. The bill adds language clarifying the scope of this law (meaning that it applies to credit granted for personal, household or family purposes, not commercial ones). Official Text and Analysis.
Referred to the Senate Banking and Financial Institutions Committee on December 13, 2017
Reported in the Senate on January 24, 2018 With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Amendment offered in the Senate on May 3, 2018 To clarify definitions in the bill, effectively making the new ones retroacttive.
The amendment passed by voice vote in the Senate on May 3, 2018