Text: SSB01049 Text: SSB01051 Text: SSB01000 - SSB01099 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 715A.6, Code 2003, is amended by adding
1 2 the following new subsection:
1 3 NEW SUBSECTION. 3. For purposes of this section, the
1 4 value of the property or services is the highest value of the
1 5 property or services determined by any reasonable standard at
1 6 the time the violation occurred. Any reasonable standard
1 7 includes but is not limited to market value within the
1 8 community, actual value, or replacement value. If property or
1 9 services are secured by two or more acts from the same person
1 10 or location, or from different persons by two or more acts
1 11 which occur in approximately the same location or time period
1 12 so that the acts are attributable to a single scheme, plan, or
1 13 conspiracy, the acts may be considered as a single act and the
1 14 value may be the total value of all property or services
1 15 involved.
1 16 EXPLANATION
1 17 This bill relates to the criminal offense of fraudulent use
1 18 of credit cards.
1 19 The bill provides that the value of property or services
1 20 fraudulently obtained or attempted to be obtained by use of a
1 21 credit card is to be determined by any reasonable standard,
1 22 including the market value within the community, actual value,
1 23 or replacement value. The bill also provides that if the
1 24 property or services are fraudulently obtained by two or more
1 25 acts from the same person or location, or from different
1 26 persons by two or more acts which occur in approximately the
1 27 same location or time period so that the acts are attributable
1 28 to a single scheme, plan, or conspiracy, the acts may be
1 29 considered as a single act and the value may be the total
1 30 value of all property or services involved.
1 31 A person who commits fraudulent use of a credit card
1 32 commits a class "D" felony if the value of the property or
1 33 services obtained or sought to be obtained is greater than
1 34 $1,000; otherwise, the offense is an aggravated misdemeanor.
1 35 LSB 2031SC 80
2 1 jm/cf/24
Text: SSB01049 Text: SSB01051 Text: SSB01000 - SSB01099 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
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