Loading chat...

IN SB0382

Bill

Official Source

Status

Introduced

1/14/2019

Primary Sponsor

Eric Koch

Click for details

Origin

Senate

2019 Regular Session

AI Summary

  • Defines "stored value card" as any card, instrument, or device used to obtain money, goods, or services through prepaid credit or a predetermined prepaid amount
  • Makes it a Level 6 felony to use a stored value card with intent to defraud when the person knows the card was unlawfully obtained, retained, forged, revoked, or expired
  • Adds stored value cards to existing credit card fraud statutes under IC 35-43-5-4
  • Amends Indiana Code sections IC 35-31.5 and IC 35-43-5 with conforming changes to accommodate the new definition
  • Effective date: July 1, 2019

Legislative Description

Stored value card fraud. Defines the term "stored value card". Provides that a person who, with intent to defraud, obtains property by using a stored value card, knowing that the stored value card: (1) was unlawfully obtained or retained; or (2) is forged, revoked, or expired; commits a Level 6 felony. Makes conforming amendments.

Last Action

First reading: referred to Committee on Corrections and Criminal Law

1/14/2019

Committee Referrals

Corrections & Criminal Law1/14/2019

Full Bill Text

No bill text available