SACRAMENTO, Calif. — Ron Fong, the California league's Director of State Government Affairs, told the Credit Union Times state Assemblyman Dave Jones (D-Sacramento) will reintroduce the Data Breach Bill, AB 779, which was vetoed by the governor last year. The bill, which was sponsored by the league, requires merchants to take financial responsibility for losses incurred by financial institutions as a result of a merchant data breach.
Fong said the league is determined to see the bill become a law this year, and said it has been assigned a similar number (AB 1779) to help keep last year's momentum going.
The league doesn't expect any action on the bill until March, but will call on credit unions at that time to provide the same grassroots support they did during last year's unsuccessful bid.
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