Whereas, Public Law 2001, chapter 527, enacted by the 120th Legislature in 2002, prohibits businesses from printing more than the last 5 numbers of a credit card or debit card account on an electronically produced receipt; and

Whereas, this law took effect on January 1, 2004; and

Whereas, many businesses are still in the process of converting their equipment to comply with the requirements of the law but are now subject to penalties up to $1,000 for each violation; and

Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 10 MRSA §1149, sub-§4, as enacted by PL 2001, c. 527, §1, is amended to read:

4. Effective date. This section takes effect January 1, 2004 2005.

Sec. 2. Retroactivity. This Act applies retroactively to January 1, 2004.

Emergency clause. In view of the emergency cited in the preamble, this Act takes effect when approved.

SUMMARY

This bill delays for one year the implementation of the law that prohibits businesses from printing more than the last 5 numbers of a credit card or debit card account on an electronically produced receipt.