Assigned to BI                                                                                                               FOR COMMITTEE

 

 


 

ARIZONA STATE SENATE

Phoenix, Arizona

 

FACT SHEET FOR H.B. 2134

 

credit card transactions; receipts; frauds

 

Purpose

 

            Limits a credit card number that appears on electronic receipts to no more than five digits, and also prohibits credit card expiration dates from appearing on electronic receipt transactions.

                                                 

Background

 

            Recently, community advocates have expressed concern over the lack of consumer protection on credit card receipts. Currently, receipts may contain the entire credit card number and expiration date and it is up to the business establishment as to what information is printed.

 

            H.B. 2134 limits credit card receipts to five digits of the credit card number and prohibits the printing of expiration dates.

 

There is no fiscal impact associated with H.B.2134 according to the Joint Legislative Budget Committee.

                       

Provisions

 

1.      Prohibits more than the last five digits of a credit card be electronically printed on receipts.

 

2.      Exempts credit card receipts that are handwritten, imprinted, or copied from the bill’s limit of printable credit card number digits.

 

3.      Specifies that a credit card expiration date shall not be electronically printed on receipts.

 

4.      Authorizes the Arizona Attorney General to investigate violations of credit card transaction regulations.

 

5.      Establishes a delayed effective date of June 30, 2002.

 

House Action

 

2/6/01  DP       48-9-3-0

 

Prepared by Senate Staff

March 13, 2001