ARIZONA STATE SENATE
Phoenix, Arizona
credit card transactions;
receipts; frauds
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.
Amendments
Adopted by Committee
Requires merchants who enter into contracts to process credit transactions to purchase the equipment necessary to meet the requirements outlined in the bill.
CED 1/29/01 DP
7-0-2-1-0
3rd Read 2/6/01 48-9-3-0
Prepared by Senate Staff
March 30, 2001