Amendment AA7-AB554

LRBa1827/1

KSH:skg:ch

1995 - 1996 LEGISLATURE

ASSEMBLY AMENDMENT 7, To 1995 ASSEMBLY BILL 554

September 20, 1995 - Offered by Representatives Schneider and R. Potter.

AB554-AA7,1,1 At the locations indicated, amend the bill as follows:

AB554-AA7,1,2 1. Page 2, line 1: after "committtees," insert "credit card records,".

AB554-AA7,1,3 2. Page 4, line 1: delete that line and substitute:

AB554-AA7,1,4 " Section 1. 138.25 of the statutes is created to read:

AB554-AA7,1,5 138.25 Credit card records. (1) Definitions. In this section:

AB554-AA7,1,6 (a) "Cardholder" has the meaning given in s. 943.41 (1) (b).

AB554-AA7,1,7 (b) "Consumer report" has the meaning given in 15 USC 1681a (d).

AB554-AA7,1,8 (c) "Consumer reporting agency" has the meaning given in 15 USC 1681a (f).

AB554-AA7,1,9 (d) "Financial transaction card" has the meaning given in s. 943.41 (1) (em).

AB554-AA7,1,13 (2) Disclosure prohibited. Except as provided in sub. (3), a person may not disclose to another person, for money or anything else of value, any information or data about a cardholder who is a resident of this state that is obtained by the person from financial transaction card transaction records.

AB554-AA7,1,15 (3) Credit reporting permitted. A person may disclose information about a cardholder to a consumer reporting agency for purposes of a consumer report.

AB554-AA7,2,3 (4) Forfeiture. A person who violates sub. (2) may be required to forfeit not more than $10,000 for each violation. Each disclosure of information or data about one cardholder constitutes a separate violation.

AB554-AA7,2,6 (5) Injunction. The department of justice may commence an action in circuit court in the name of the state to restrain by temporary or permanent injunction any act or practice constituting a violation of sub. (2).

AB554-AA7, s. 1m Section 1m. 215.13 (51) of the statutes is amended to read:".

AB554-AA7,2,8 (End)