The bill amends Section 11-49-4 of the General Laws in Chapter 11-49, known as the "Credit Card Crime Act," to include provisions regarding the fraudulent use of debit cards alongside credit cards. The new language states "Fraudulent use of credit or debit cards," thereby expanding the scope of the law to cover both types of payment cards. The bill specifies that a person who uses a credit card or debit card obtained or retained in violation of the law, or one that is forged, expired, or revoked, with the intent to defraud, is subject to penalties based on the value of goods or services obtained.

Furthermore, the bill clarifies the presumption of knowledge regarding the revocation of a card, indicating that cardholders are presumed to have received notice of revocation four days after it is mailed to their registered address, or ten days if mailed outside the United States and certain territories. This amendment aims to strengthen the legal framework surrounding credit and debit card fraud, ensuring that both types of cards are treated equally under the law. The act will take effect upon its passage.

Statutes affected:
5637: 11-49-4