LANSING, Mich. (10/29/13)--Several bills initiated or supported by the Michigan Credit Union League are making progress in state legislature. They include a card-skimming package, a group of commercial code bills and affidavit bills regarding real estate.
A five-bill partisan card-skimming package initiated by the league, after a Michigan credit union brought the matter to the league's attention, was voted out of the state House Criminal Justice Committee last week (Michigan Monitor Oct. 28). House Bills 5050, 5051, 5052, 5053 and 5054 all deal with card-skimming, a significant form of fraud and loss, said the league. Current law does not specifically address card-skimming devices.
Financial institutions have found that skimming devices are readily available for sale and take a minimal amount of time to install on ATMs, gas pumps and other card terminals. Criminals install the devices, often a camera, to read cards or capture personal identification numbers as they are keyed in so they can collect personal information, said MCUL.
Currently there are conflicting penalty provisions in the state law, and jurisdictional adjustments are needed to facilitate easier prosecution, said the league.
MCUL, Steve Dedene of Ferndale-based Credit Union ONE and Michelle Mattson of Pontiac-based Genisys CU provided testimony supporting the bills. Although the matter had been scheduled before the committee only for testimony, the committee voted unanimously voted to support the bills. MCUL will continue working with the sponsors of the package as it moves through the House and into the Senate.
Other bills of note in the state:
MCUL will continue monitoring the progress of the bills through the legislature.