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LEGISLATIVE

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California

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10/3/06-Gov. Arnold Schwarzenegger signed a bill into law Sept. 30 that requires retailers and financial institutions to remove credit card and bank account numbers from credit card transaction receipts at stores and banks.
California law already requires credit card numbers to be removed from store receipts handed to customers. The new law, previously SB1699, expands the rule to also require the numbers to be removed from receipts kept by merchants or banks doing the transaction.
The requirement will not apply to stores that don’t submit their transactions electronically and need paper receipts with the customer’s credit or debit account numbers on it to get paid.

8/30/06-A bill on Gov. Arnold Schwarzenegger’s desk would require retailers and financial institutions to remove credit card and bank account numbers from credit card transaction receipts at stores and banks.
Existing California law requires credit card numbers to be removed from store receipts handed to customers. Bowen’s bill would expand the rule to also require the numbers to be removed from receipts kept by merchants or banks doing the transaction.
Sponsored by Sen. Debra Bowen, D-Redondo Beach, SB1699 wouldn’t apply the requirement to stores that don’t submit their transactions electronically and need paper receipts with the customer’s credit or debit account numbers on it to get paid.

 

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