Credit Card Debt Limit Bill 2012-13
require credit card companies to discharge a debt when three times the equivalent of the principal sum owed has been paid in interest; and for connected purposes
Private Members' Bill (under the Ten Minute Rule)
The Credit Card Debt Limit Bill was a Ten Minute Rule Bill tabled by Yvonne Fovargue.
Is this Bill currently before Parliament?No. This Bill is not under active consideration by Parliament, as it was introduced during the previous 2012-13 Session.
Whose idea is this Bill?As a Private Members' Bill, this Bill represents the individual initiative of an MP (Yvonne Fovargue), not the Government.
What type of Bill is this?A Ten Minute Rule Bill is a process of tabling a bill, where an MP has 10 minutes to advocate for their legislation to the Commons and the Minister responsible.
So is this going to become a law?No. This Bill did not complete it's passage before the Session completed and is no longer before Parliament. However, it may have been re-introduced under a similar name in a subsequent Session.
Would you like to know more?See these Glossary articles for more information: Ten Minute Rule Bill, Private Members Bill, Process of a Bill
Next Event: There is no future stage currently scheduled for this bill
Last Event: Tuesday 27th November 2012 - 1st reading: House of Commons
Bill Progession through Parliament