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Mich. League's Card-skimming, Other Bills Progress In Legislature
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:
  • Senate Bills 547, 548, 549, 550 and 551, a group of commercial code bills supported by the league, were voted out of the state Senate, 36-0, and now head to the House chamber for a first reading and committee assignment. The league worked with Sen. Darwin Booher (R-Evart), the bills' sponsor, throughout the drafting and committee process.
  • House Bills 4638, 4639 and 4640, a bipartisan package of affidavit bills supported by the league, received testimony in the House Committee on Local Government and a vote is expected at this week's committee hearing, the league said. The bills would amend various acts governing the recording and indexing of real estate conveyances and affidavits with the county register of deeds.  The bills would enable use of verified copies for recording and protect chain of title where documents are lost, which would prevent some legal challenges and help to ensure title. The bills also would ease concerns about electronic signatures in electronic recording, the league said.
MCUL will continue monitoring the progress of the bills through the legislature.

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