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Synopsis As Introduced Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that a person who accepts credit cards for the transaction of business may not print more than the last 5 digits of the credit card account number or the expiration date upon any receipt provided to the cardholder. Provides that a violation is an unlawful practice within the meaning of the Act. Applies only to receipts that are electronically printed and does not apply to transactions in which the sole means of recording the person's credit card number is by handwriting or by an imprint or copy of the credit card. Provides that the new provisions become operative on January 1, 2008, with respect to any cash register or other machine or device that electronically prints receipts for credit card transactions that is in use before January 1, 2005. Provides that the new provisions become operative on January 1, 2005, with respect to any cash register or other machine or device that electronically prints receipts for credit card transactions that is first put into use on or after January 1, 2005. Effective January 1, 2005.
Senate Committee Amendment No. 1 Prohibits any person who accepts credit cards for the transaction of business from printing more than the last 4 (rather than 5) digits of the credit card account number or the expiration date of the credit card upon any receipt provided to the cardholder. Provides that the prohibition against the printing on a credit card receipt of more than the last 4 digits of the account number or of the expiration date of the credit card becomes operative on July 1 (not on January 1), 2008.
House Committee Amendment No. 1 Deletes everything after the enacting clause. Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that no provider may print or otherwise produce or reproduce or permit the printing or other production or reproduction of (i) any part of the credit card or debit card account number, other than the last 5 digits or characters, or (ii) the credit card or debit card expiration date on any receipt provided or made available to the cardholder. Provides that the prohibition does not apply to transactions in which the sole means available to the provider of recording the credit card or debit card account number is by handwriting or by imprint of the card. Provides that the prohibition does not apply to receipts issued for transactions on the electronic benefits transfer card system in accordance with the listed federal regulation. The provisions are operative on January 1, 2005.
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