Bill Summary for H 450 (2011-2012)

Summary date: 

Jun 1 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 450 (Local) Filed Wednesday, March 23, 2011
TO PROHIBIT THE AUTOMATIC RENEWAL OF MERCHANT CREDIT CARD PROCESSING CONTRACTS.
Intro. by Starnes.

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Bill summary

House committee substitute makes the following changes to 1st edition. Deletes all provisions of previous edition and replaces them with AN ACT AUTHORIZING THE LEGISLATIVE RESEARCH COMMISSION TO STUDY THE AUTOMATIC RENEWAL OF MERCHANT CREDIT CARD PROCESSING CONTRACTS. As title indicates. Provides reporting requirements.

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