HB 57 (BR 205) - S. Westrom, M. Cherry, M. Denham, J. Reinhardt, T. Riner
AN ACT relating to student credit cards.
Amend KRS 287.385 to prohibit the offer of a gift in exchange for a student credit card application; require public postsecondary education institutions and encourage nonpublic postsecondary institutions to include credit card and debt education sessions as part of new student orientation; direct the Council on Postsecondary Education to promulgate administrative regulations to regulate credit card marketing practices on public postsecondary campuses; make the adoption of a credit card marketing policy a requirement for licensure of a nonpublic postsecondary college or university; and amend KRS 164.947 to conform.
(Prefiled by the sponsor(s))
Jan 7-introduced in House; to Banking and Insurance (H)
Feb 5-posted in committee
Feb 12-reported favorably, 1st reading, to Calendar
Feb 13-2nd reading, to Rules
Feb 18-posted for passage in the Regular Orders of the Day for Wednesday, February 19, 2003
Feb 24-3rd reading, passed 94-0
Feb 25-received in Senate
Feb 27-to Banking and Insurance (S)
Mar 5-reported favorably, 1st reading, to Consent Calendar
Mar 6-2nd reading, to Rules