House Sponsors: KOSEL. Short description: CREDIT CRD INTEREST ON INTERST Synopsis of Bill as introduced: Amends the Illinois Financial Services Development Act. Provides that a financial institution may not charge interest upon a finance charge or interest that has accrued in a cardholder's account if the cardholder has fully paid the balance for the previous billing cycle. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status