New Jersey Assembly Bill A1612

New Jersey 2022-2023 Regular Session

• Introduced: 1/11/22
• Refer: 1/11/22

Caption

Establishes new offenses concerning unlawful possession and use of credit card scanners.

Impact

This legislation is poised to enhance law enforcement capabilities regarding financial fraud and identity theft, aiming to deter individuals from misusing credit card scanners. The bill establishes clear penalties for violations, promoting a heightened public awareness of the risks associated with unauthorized use of such devices. This could result in an overall reduction of incidences related to credit card fraud, thus protecting consumer interests and reinforcing security measures in the digital financial landscape.

Summary

Assembly Bill A1612 introduces new legal offenses regarding the unlawful possession and use of credit card scanners in the state of New Jersey. The bill defines a credit card scanner as a device that electronically reads, records, or transmits information embedded in a credit, debit, or charge card. Under this legislation, any individual found in possession of such a scanner for unlawful purposes faces serious legal consequences. Specifically, possession without lawful purpose is classified as a disorderly persons offense, while using the scanner unlawfully is deemed a crime of the second degree.

Contention

While the bill aims to address crucial aspects of fraud prevention, it may spark discussion regarding the balance between regulation and technological innovation. Critics might raise concerns about the potential overreach of criminalizing possession of technology that can have legitimate uses, alongside potential fears of misapplication of the law which could impact innocent users of credit card scanners. Continued public discourse is likely as the bill progresses through the legislative process.