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Commerce – week of March 14, 2016

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HF 2401 – Prohibits adult who is not a parent/guardian from obtaining or using minor’s credit card

 

FLOOR ACTION:

HF 2401 creates a new Code section regarding credit card fraud in Ch. 715A, dealing with forgery and related fraudulent criminal acts. Current law covers a person who uses a credit card to obtain property or services with knowledge that the credit card is stolen or forged, has been revoked or canceled, or use is unauthorized. The bill makes it illegal to apply for a credit card in the name of a minor without the consent of the minor’s parent, guardian or legal custodian. The bill defines a “minor” as anyone under 18. A violation is a class “D” felony. A person who uses the credit card  to obtain  services or property with a value of less than $10,000 commits a class “D “ felony,  punishable by confinement of up to five years  and a fine of  $750 to $7,500. A person who uses the credit card to obtain services or property at a  value greater than $10,000  commits a  Class “C”  felony , punishable by confinement of up to  10 years and a fine of $1,000 to  $10,000. This bill is part of the Legislature’s efforts to combat human trafficking in Iowa. The bill passed the House on a 96-1 vote.

[3/16: 49-0 (Bertrand absent)]


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