SKIM Act
Congress Targets Tougher Sentencing and New Federal Report to Combat Credit Card Skimming
Stalled
No legislative action in over 90 days.
Legislative Progress
Key Points
- Raises recommended federal sentencing levels for certain credit card and access-device fraud cases, aiming for tougher penalties.
- Clarifies that when 10+ fake or unauthorized cards/accounts are involved, “loss” includes any unauthorized charges made on them, even small ones.
- Requires the Attorney General and Homeland Security to send Congress a report within 90 days on how federal, state, and local agencies are working together to stop these frauds.
- The report must cover what scammers are doing, where problems are worst, how often local police ask for help, and best tips for businesses to prevent skimming.
- For everyday shoppers, the main impact is indirect: stronger punishment and more coordinated enforcement meant to reduce card skimming at places like gas pumps and ATMs.
Impact Analysis
Personal Impact
How this policy affects specific groups of people
Milestones
Referred to the House Committee on the Judiciary.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
3 articlesSecret Service card skimming operation that stopped in San Antonio prevented $400 million in fraud
Reports on nationwide Secret Service anti-skimming operations and losses prevented; provides enforcement context but does not specifically mention the SKIM Act bill.
Valadao, Kim introduce bill to stop SNAP fraud by skimming devices
Covers introduction of the SKIM Act (H.R. 3810) and summarizes tougher penalties and coordination/reporting provisions aimed at access-device fraud and EBT skimming.
Authorities launch NYC crackdown on credit-card-skim rings responsible for $18B in stolen money: 'People are coming for you'
Discusses a New York City enforcement crackdown on skimming rings; background context for skimming but not specifically about the SKIM Act legislation.
Source Information
Document Type
Congressional Bill
Official Title
SKIM Act
Data Sources
Sponsor
Cosponsors
(10)Analysis generated by AI. Always verify with official sources.