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NC H627

Bill

Official Source

Status

Introduced

4/9/2015

Primary Sponsor

Allen McNeill

Click for details

Origin

House of Representatives

2015-2016 Session

AI Summary

  • Directs the Legislative Research Commission to study credit card fraud in North Carolina, including implementation of EMV Chip and PIN Technology.

  • Requires examination of impacts on merchants and financial institutions, including how to address non-compliant merchants.

  • Mandates review of current North Carolina laws on credit card fraud and identity theft, including whether punishment levels are appropriate and why conviction rates are low.

  • Requires analysis of whether improved card security will shift fraud to other areas such as checks and whether new preventive laws are needed.

  • Commission may submit interim report to the 2015 General Assembly reconvening in 2016 and must submit final report to the 2017 General Assembly.

Legislative Description

Study Financial Transaction Card Fraud

Last Action

Re-ref Com On Rules, Calendar, and Operations of the House

4/27/2015

Committee Referrals

Rules, Calendar, and Operations of the House4/27/2015
Banking4/14/2015

Full Bill Text

No bill text available