The bill amends the law regarding the unlawful possession of a skimmer, specifically increasing the penalties for repeat offenders. Under the revised statute, unlawful possession of a skimmer is classified as a Class C felony. However, for individuals who have a second or subsequent conviction for this offense, the penalty escalates to an unclassified felony, which carries a mandatory fine of up to $20,000 and a mandatory imprisonment term of at least one year, but not exceeding ten years.

This legislative change aims to deter repeat offenses related to skimmers, which are devices used to illegally capture credit card information. By imposing stricter penalties, the bill seeks to enhance the enforcement of laws against financial fraud and protect consumers from such criminal activities.

Statutes affected:
SB 514: 5-37-219(c)
Act 760: 5-37-219(c)