Download This Bill in Microsoft Word format
Indicates Matter Stricken
Indicates New Matter
H. 4446
STATUS INFORMATION
General Bill
Sponsors: Rep. Funderburk
Document Path: l:\council\bills\nl\13699sd18.docx
Introduced in the House on January 9, 2018
Currently residing in the House Committee on Labor, Commerce and Industry
Summary: Consumer credit-reporting agencies
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/13/2017 House Prefiled 12/13/2017 House Referred to Committee on Labor, Commerce and Industry 1/9/2018 House Introduced and read first time (House Journal-page 116) 1/9/2018 House Referred to Committee on Labor, Commerce and Industry (House Journal-page 116)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 37-20-195 SO AS TO PROVIDE THAT CONSUMER CREDIT-REPORTING AGENCIES DOING BUSINESS IN THIS STATE WHEN GENERATING OR REVISING PIN NUMBERS FOR THEIR CUSTOMERS IN THIS STATE MUST GENERATE RANDOMLY SELECTED PIN NUMBERS WHICH DIFFER IN AT LEAST A MAJORITY OF THEIR CHARACTERS FROM THE CHARACTERS IN THE IMMEDIATELY PRECEDING PIN NUMBER THEY GENERATED OR REVISED FOR ANY OTHER CUSTOMER, AND TO PROVIDE PENALTIES FOR VIOLATION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 20, Title 37 of the 1976 Code is amended by adding:
"Section 37-20-195. Consumer credit-reporting agencies doing business in this State when generating or revising PIN numbers for their customers in this State must generate randomly selected PIN numbers which differ in at least a majority of their characters from the characters in the immediately preceding PIN number they generated or revised for any other customer.
The Department of Consumer Affairs shall enforce the requirements of this section and failure to comply with these requirements subjects the violator to the penalty provisions of Section 37-20-200."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on
January 10, 2018 at 11:38 AM