06 LC
35 0163
House
Bill 1565
By:
Representative Smyre of the
132nd
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 7-5-3 of the Official Code of Georgia Annotated, relating to
the organization of credit card banks, so as to require credit card banks and
domestic lenders to conduct criminal history background checks on employees who
have access to credit card account information; to change certain provisions
relating to the organization of credit card banks; to provide for related
matters; to provide an effective date; to repeal conflicting laws; and for other
purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Code
Section 7-5-3 of the Official Code of Georgia Annotated, relating to the
organization of credit card banks is amended by striking "and" at the end of
paragraph (9), by striking the period and inserting "; and" at the end of
paragraph (10), and by adding a new paragraph immediately following paragraph
(10) to read as follows:
"(11)
A domestic lender or credit card bank located in this state or organized or
chartered under the laws of this state shall be required to conduct a criminal
history background check of each employee having access to credit card account
information. The criminal history check shall be conducted in accordance with
Code Section 35-3-34 and shall be based upon the submission of fingerprints of
the person whose records are
requested."
SECTION
2.
This
Act shall become effective on July 1, 2006.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.