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Card Skimming Bills Introduced in the Senate   (Misc News: November 11, 2013)

This week, the House passed the MCUL & Affiliates-initiated five-bill, bipartisan card-skimming package. House Bills 5050-5054, spearheaded by Rep. Kurt Heise, R-Plymouth, and Rep. Ellen Cogen Lipton, D-Huntington Woods, will now be transmitted to the Senate.

Card skimming, a significant form of fraud and loss was brought to the attention of MCUL by a Michigan credit union as a topic that would require legislation beyond existing law to deter. Financial institutions have found that skimming devices are readily available for sale, and take a minimal amount of time to install on ATMs, gas pumps, etc. Within a minute or two, criminals are able to install a card reading device and PIN capturing device (generally in the form of a camera) onto an ATM or other financial transaction device, and begin collecting the personal information of unsuspecting consumers. Currently, there are conflicting penalty provisions in state law that need to be resolved, and jurisdictional adjustments are needed to facilitate easier prosecution.

The MCUL & Affiliates will continue to monitor and work with the sponsors of this package as it moves into the Senate and eventually to the governor’s desk.  Sen. Rick Jones, R-Grand Ledge, chair of the Senate Judiciary Committee, has indicated he will take the bills up in committee this Tuesday, with an eye toward final passage in early December, following the fall recess.

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