Resolve, To Ensure That Consumers Are Informed of a Debit Card Bold at the Point of Sale Further amend the bill by striking out everything after the ti tIe and before the summary and inserting in its place the following: Sec. 1. Debit card hold notice requirements. Resolved: That persons, firms, partnerships, associations, corporations or limited liability companies may disclose the amount of a debit card hold in the form of a notice. A written notice may be provided directly to a customer or posted in clear view of a customer, so that the customer is able to see it prior to initiating a transaction. An oral or electronic notice may be provided instead of a posted notice, if it is given to the customer during the course of the transaction to permit the customer to cancel the transaction without incurring charges. If oral or written notice is provided, it must include, but is not limited to, a statement that indicates the preauthorization debit card hold policy of the merchant and alternatives to initiating a preauthorization debit card hold. For the purpose of this resolve, debit card hold" means a preauthorization hold for offline or online transactions for the future purchase of goods or services. This section is repealed December 31, 2007; and be it further Page l-LR2627(2) COMMITTEE AMENDMENT
Maine Legislature, Session 122, LD 1835
Committee Amendment CA_A_H930 (House)

COMMITTEE AMENDMENT ,ff" to H.P. 1275, L.D. 1835, Bill, "An 
Act To Protect Consumers from Credit Card and Debit Card Holds" 
Amend the bill by striking out the title and s1,ilistituting 
the following: 
'Resolve, To Ensure That Consumers Are Informed of a Debit Card 
Bold at the Point of Sale' 
Further amend the bill by striking out everything after the 
ti tIe and before the summary and inserting in its place the 
following: 
'Sec. 1. Debit card hold notice requirements. Resolved: 
That 
persons, 
firms, 
partnerships, 
associations, 
corporations 
or 
limited liability companies may disclose the amount of a debit 
card hold in the form of a notice. 
A written notice may be 
provided directly to a customer or posted in clear view of a 
customer, 
so that the customer is able to see it prior to 
initiating a transaction. 
An oral or electronic notice may be 
provided instead of a 
posted notice, if it is given to the 
customer during the course of the transaction to permit the 
customer to cancel the transaction without incurring charges. 
If 
oral or written notice is provided, it must include, but is not 
limited to, a statement that indicates the preauthorization debit 
card hold policy of the merchant and alternatives to initiating a 
preauthorization debit card hold. 
For the purpose of this resolve, 
"debit card hold" means 
a 
preauthorization hold for offline or online transactions for the 
future purchase of goods or services. 
This section is repealed December 31, 2007; and be it further 
Page l-LR2627(2) 
COMMITTEE AMENDMENT 
~~. 
~~ 
, . 
COMMITTEE AMENDMENT "11,, to H.P. 1275, L.D. 1835 
Sec. 2. Consumer education regarding debit card holds. Resolved: 
That the Department of Professional and Financial Regulation, 
Bureau of Financial Institutions shall 
work 
with interested 
parties to develop a consumer awareness brochure that explains 
debit card holds. 
The bureau shall make the brochure available, 
at cost, to financial institutions and merchants. 
The Office of 
the Attorney General shall report on the number of consumer 
complaints received regarding debit card hold practices to the 
joint standing committee of the Legislature having jurisdiction 
over 
business, 
research 
and 
economic 
development matters 
by 
February 15, 2007.' 
SUMMARY 
This amendment changes the bill to a resolve. 
It provides 
that persons, firms, partnerships, associations, corporations or 
limited liability companies may disclose the amount of a debit 
card hold in the form of a notice. 
It describes the forms in 
which the notice may be gIven and it specifies the information 
the notice must include. 
This amendment also requires the Department of Professional 
and Financial Regulation, Bureau of Financial Institutions to 
work with interested parties to develop a 
consumer awareness 
brochure that explains debit card holds and to make the brochure 
available, at cost, to financial institutions and merchants. 
The 
Office of the Attorney General is also required to report on the 
number of consumer complaints received regarding debit card hold 
practices to the joint standing committee of the Legislature 
having 
jurisdiction 
over 
business, 
research 
and 
economic 
development matters by February 15, 2007. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 03/27/06 ;:J!:I?ac:.. 
LD 1835 
LR2627(02) 
An Act To Protect Consumers from Credit Card and Debit Card Holds 
Fiscal Note for Bill as Amended by Committee Amendment "~I 
Committee: Business, Research and Economic Development 
Fiscal Note Required: Yes 
Fiscal Note 
Minor cost increase - General Fund 
Minor cost increase - Other Special Revenue Funds 
Fiscal Detail an"- Notes 
Any additional costs to the Bureau of Financial Institutions in the Department of Professional and Financial 
Regulation and the Department of the Attorney General can be absorbed utilizing existing budgetary resources. 
LR2627(2) - Fiscal Note - Page 1 of 1