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Senate pauses consumer‑credit changes after debate over grace periods and late fees
Utah State Senate · March 3, 1998
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Summary
Senators debated House Bill 235, which would eliminate Utah’s automatic 10‑day extension on top of typical credit‑card grace periods and raise certain fees to market levels. Concerns about consumer impact led the Senate to circle the bill for further consideration.
Floor debate on March 3 over House Bill 235 centered on changes to the state’s consumer‑credit code, including elimination of Utah’s automatic additional 10‑day extension to credit‑card payment grace periods and a discussion of late‑fee amounts.
Senator Peterson, presenting the bill, described the proposal…
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