AR SB225

Creates new criminal offense of unlawful possession of a skimmer (a device capable of accessing, reading, or recording financial or payment card information) as a Class C felony.

Expands financial identity fraud definition to include use of skimmers and transfers of financial sight order or payment card information, in addition to existing scanning device and re-encoder offenses.

Increases penalties for financial identity fraud from Class C to Class B felony when victim is an elder person or disabled person.

Increases penalties for nonfinancial identity fraud from Class D to Class C felony when victim is an elder person or disabled person.

Adds definition of "financial sight order or payment card information" and "payment card" to identity fraud statutes and allows restitution for credit history correction costs and civil proceedings costs resulting from identity theft.