Texas Senate Bill SB1778

Texas 2015 - 84th Regular

Caption

Relating to photo identification requirements for certain stored value card purchases.

Impact

If enacted, SB1778 would significantly affect the operations of merchants that offer stored value cards. By requiring photo identification for these purchases, the bill has the potential to reduce instances of identity theft and fraudulent transactions. However, it may also impose additional burdens on merchants, who will be responsible for verifying customers’ identities, which could lead to longer transaction times and potential inconvenience to consumers who may not carry the required identification.

Summary

SB1778 is a bill intended to amend the Business and Commerce Code in the state of Texas by introducing photo identification requirements for purchases involving stored value cards. Specifically, the bill mandates that merchants cannot accept credit cards for either the purchase of or adding value to stored value cards unless the individual presenting the credit card provides photo identification that verifies their identity as the cardholder. This requirement aims to enhance security and prevent fraud in transactions involving these specific types of purchases.

Contention

There are notable points of contention regarding this bill, particularly concerning consumer accessibility and the implications for businesses. Proponents argue that the increased security measures will protect consumers from fraud, while opponents may raise concerns about the practicality of requiring identification for all transactions and its potential to deter customers from using stored value cards. Moreover, there could be discussions around fairness and whether such requirements disproportionately affect certain groups of individuals.