This bill establishes new legal offenses concerning the unlawful possession and use of credit card scanners in New Jersey. It defines a credit card scanner as a device that reads, records, or transmits information from credit, debit, or charge cards. Under the bill, possessing a credit card scanner without a lawful purpose is classified as a disorderly persons offense, which can result in a fine of up to $1,000, imprisonment for up to six months, or both. Additionally, using a credit card scanner for unlawful purposes is categorized as a crime of the second degree, punishable by a fine of up to $150,000 and imprisonment for a term ranging from five to ten years.

The bill aims to enhance legal measures against the misuse of credit card scanners, thereby addressing concerns related to identity theft and fraud. It is set to take effect on the first day of the second month following its enactment.