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. It introduces the phrase "Fraudulent use of credit or debit cards" and expands the definition of fraudulent activities to encompass the use of debit cards obtained or retained in violation of the law, as well as those that are forged.

The bill maintains existing penalties for violations based on the value of goods or services obtained fraudulently, with specific thresholds set at $100 within a six-month period. It also retains the presumption of knowledge regarding the revocation of cards, detailing the notification process for cardholders. This act is set to take effect immediately upon passage.

Statutes affected:
5637: 11-49-4