Text: HSB00192 Text: HSB00194 Text: HSB00100 - HSB00199 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 714.8, Code 1999, is amended by adding
1 2 the following new subsection:
1 3 NEW SUBSECTION. 17. Manufactures, creates, reproduces,
1 4 alters, possesses, uses, transfers, or otherwise contributes
1 5 to the production or use of a fraudulent retail sales receipt
1 6 or universal price code label with intent to defraud another
1 7 person.
1 8 For purposes of this subsection:
1 9 a. "Retail sales receipt" means a document intended to
1 10 evidence payment for goods or services.
1 11 b. "Universal price code label" means the unique ten-digit
1 12 bar code placed on the packaging of an item that may be used
1 13 for purposes including but not limited to tracking inventory,
1 14 maintaining price information in a computerized database, and
1 15 serving as proof of purchase of a particular item.
1 16 EXPLANATION
1 17 This bill defines certain acts related to the creation,
1 18 possession, or use of fraudulent retail sales receipts or
1 19 universal price code labels (also known as UPCs) to be
1 20 fraudulent practices under the Code, when done with intent to
1 21 defraud another person.
1 22 Fraudulent practices are penalized within the Code
1 23 according to five degrees, depending upon the amount of moneys
1 24 or value of property at issue. At one end of the range,
1 25 fraudulent practice in the first degree involves moneys or
1 26 property valued in excess of $10,000, and is punished as a
1 27 class "C" felony. A class "C" felony is punishable by
1 28 confinement for no more than 10 years and a fine of at least
1 29 $500 but not more than $10,000. At the other end of the
1 30 range, fraudulent practice in the fifth degree involves moneys
1 31 or property not valued in excess of $100, and is punished as a
1 32 simple misdemeanor. A simple misdemeanor is punishable by
1 33 confinement for no more than 30 days or a fine of at least $50
1 34 but not more than $100.
1 35 LSB 2475HC 78
2 1 jj/jw/5
Text: HSB00192 Text: HSB00194 Text: HSB00100 - HSB00199 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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