SACRAMENTO, Calif. — California's landmark data security legislation, AB 1779, moved one step closer to becoming law when the State Assembly Judiciary Committee approved the California Cre-dit Union League-sponsored legislation.
Introduced by Sacramento Assemblyman Dave Jones, AB 1779 is essentially the same bill as last year's AB 779, which made it all the way to Governor Arnold Schwarzenegger's desk before being vetoed.
"This is a vital measure for California consumers and the credit unions that serve them," said League President and CEO Bill Cheney.
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"Data thefts are on the rise in the retail sector, and consumers increasingly find that information stolen at the retail level is used to commit identity theft and plastic card fraud," he said. "We must act quickly to close the loopholes in existing law that has allowed retailers to have a pass on this issue for far too long."
The legislation now moves on to the Assembly Appropriations Committee, where it will likely be heard before the fiscal deadline of August 31.
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