NOTE:  This bill has been prepared for the signature of the appropriate legislative
      officers and the Governor.  To determine whether the Governor has signed the bill
      or taken other action on it, please consult the legislative status sheet, the legislative
      history, or the Session Laws.
      
      
      HOUSE BILL 02-1144
      
      
      BY REPRESENTATIVE(S) Daniel, Boyd, Garcia, Jahn, Romanoff, Bacon,
      Borodkin, Coleman, Groff, Grossman, Hodge, Jameson, Mace, Madden,
      Marshall, Miller, Plant, Ragsdale, Saliman, Sanchez, Tapia, Tochtrop,
      Veiga, Vigil, Weddig, and Williams S.;
      also SENATOR(S) Arnold, Chlouber, Fitz-Gerald, Hanna, Isgar, Nichol,
      Tate, Taylor, Teck, and Tupa.
      
      
           Concerning restrictions on credit card receipts.
       
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  Part 7 of article 1 of title 6, Colorado Revised
      Statutes, is amended BY THE ADDITION OF A NEW SECTION to read:
      
           6-1-711.  Restrictions on credit card receipts - legislative
      declaration - application - definition.  (1)  The general assembly
      hereby finds, determines, and declares that credit, particularly
      the use of credit cards, is an important tool for consumers in
      today's economy.  Unscrupulous persons often fraudulently use
      the credit card accounts of others by stealing the credit card
      itself or obtaining the necessary information to fraudulently
      charge the purchase of goods and services to another person's
      credit card account.  The general assembly, therefore, finds,
      determines, and declares that protection from unauthorized use
      of credit card accounts is necessary.
      
           (2)  No person that accepts credit cards for the transaction
      of business shall print more than the last five digits of the credit
      card account number or print the credit card expiration date, or
      both, on a credit card receipt to the cardholder.
      
           (3)  This section shall apply only to receipts that are
      electronically printed and shall not apply to transactions in
      which the sole means of recording the credit card number is by
      handwriting or by an imprint or copy of the credit card.
      
           (4)  For the purposes of this section, "credit card" means a
      card or device existing for the purpose of obtaining money,
      property, labor, or services on credit; those cards pursuant to
      which unpaid balances are payable upon demand; and any card or
      device used to withdraw moneys from a bank account.
      
           (5) (a)  Except as provided in paragraph (c) of this subsection
      (5), this section shall apply to any entity formed on and after the
      effective date of this section that uses a cash register or any
      other machine or device that electronically imprints receipts on
      credit card transactions and is placed into service on or after the
      effective date of this section.
      
           (b)  Except as provided in paragraph (c) of this subsection (5),
      on and after January 1, 2004, this section shall apply to any cash
      register and any other machine or device that electronically
      imprints receipts on credit card transactions for entities that
      were formed on or before the effective date of this section.
      
           (c)  On and after January 1, 2005, this section shall apply to:
      
           (I)  Institutions of higher education; and
      
           (II)  Persons who employ no more than twenty-five employees
      or who have generated no more than five million dollars
      annually in revenues from the person's business activities.
      
           SECTION 2.  Safety clause.  The general assembly hereby finds,
      determines, and declares that this act is necessary for the immediate
      preservation of the public peace, health, and safety.
      
      
      
      
      ________________________________________________________
      Doug Dean                              Stan Matsunaka
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Judith Rodrigue                         Karen Goldman
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    Bill Owens
                                    GOVERNOR OF THE STATE OF COLORADO