Connecticut Seal

General Assembly

 

Substitute Bill No. 6483

    January Session, 2009

*_____HB06483BA____031109____*

AN ACT CONCERNING CREDIT CARD OFFERS ON COLLEGE CAMPUSES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. (NEW) (Effective July 1, 2009) On or before January 1, 2010, the Board of Governors of Higher Education shall adopt policies regulating credit card company marketing practices on campuses within the state system of higher education. Such policies shall (1) require credit card companies to register with the public institution of higher education before conducting any marketing activities on the campus of such institution; (2) prohibit credit card companies from soliciting undergraduate students during the class registration period; (3) require credit card companies to distribute debt education materials; (4) prohibit public institutions of higher education from selling student information to credit card companies; (5) prohibit employees of such institution from marketing credit cards to students; (6) restrict the time and place in which credit card marketing may occur; and (7) prohibit the use of gifts and incentives in such marketing.

This act shall take effect as follows and shall amend the following sections:

Section 1

July 1, 2009

New section

BA

Joint Favorable Subst.