Florida Senate - 2008 (Reformatted) SB 710
By Senators Baker and Gaetz
20-02396-08 2008710__
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A bill to be entitled
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An act relating to the marketing of credit cards to
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students of postsecondary educational institutions;
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providing definitions; requiring that a university,
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community college, or related direct-support organization
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obtain an undergraduate student's written consent before
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providing contact information for that student to an
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issuer of credit cards; prohibiting a university,
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community college, or related direct-support organization
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from entering into an agreement with a issuer of credit
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cards to facilitate the marketing of credit cards to
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undergraduate students; providing for the continuation of
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existing agreements; providing for enforcement by the
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Attorney General under the Florida Deceptive and Unfair
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Trade Practices Act; providing an effective date.
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Be It Enacted by the Legislature of the State of Florida:
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Section 1. Restrictions on marketing credit cards to
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students of postsecondary educational institutions.--
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(1) As used in this section, the term:
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(a) "Card issuer" has the same meaning as in the federal
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Truth in Lending Act, 15 U.S.C. ss. 1601 et seq., as amended.
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(b) "Credit card" has the same meaning as in the federal
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Truth in Lending Act, 15 U.S.C. ss. 1601 et seq., as amended.
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(c) "Direct-support organization" means a university
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direct-support organization or a community college direct-support
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or s. 1004.71, Florida Statutes.
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(2) Notwithstanding s. 1002.22(3)(d), Florida Statutes, a
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state university, community college, private college or
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university, or direct-support organization may not directly or
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through an affiliate:
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(a) Sell, give, or otherwise transfer to a card issuer the
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name, address, telephone number, or other contact information of
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an undergraduate student of a state university, community
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college, or private college or university without the student's
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express written consent; or
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(b) Enter into an agreement with a card issuer to offer or
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otherwise facilitate the marketing of credit cards to
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undergraduate students at a state university, community college,
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or private college or university. If an agreement to offer or
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otherwise facilitate the marketing of credit cards is in effect
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on July 1, 2008, this paragraph applies upon the expiration of
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the agreement.
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(3) A violation of this section is a deceptive and unfair
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trade practice and constitutes a violation of the Florida
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Deceptive and Unfair Trade Practices Act under part II of chapter
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501, Florida Statutes.
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Section 2. This act shall take effect July 1, 2008.
CODING: Words stricken are deletions; words underlined are additions.