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ETA-Supported Card Receipt Bill clears U.S. House |
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Yesterday, the House, by a vote of 407-0, passed H.R. 4008, the Credit and Debit Card Receipt Clarification Act of 2007, which would bar plaintiffs from filing claims against merchants who properly truncate card numbers on receipts but fail to eliminate the printing of card expiration dates.
The bill, which was introduced Oct. 30 by Rep. Mahoney (D-Fla.), would eliminate hundreds of class actions filed by consumers against merchants over their failure to comply with the 2003 Fair and Accurate Credit Transactions Act, 15 U.S.C. 1681c(g).
ETA supports the bill, which would not remove the ability of consumers who allege actual harm, such as identity theft or credit card fraud, from filing individual claims under the FACT Act negligence provision.
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