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H0478..............................................................by TRAIL
DEBIT CARDS - COLLEGE - Amends existing law to include references to
contracted third party program providers; and to permit the use of debit
cards to purchase goods or services from approved vendors located at any
college or university site or in the community in which the college or
university is located.
01/23 House intro - 1st rdg - to printing
01/24 Rpt prt - to Bus
|||| LEGISLATURE OF THE STATE OF IDAHO ||||
Fifty-sixth Legislature Second Regular Session - 2002
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 478
BY TRAIL
1 AN ACT
2 RELATING TO UNIVERSITY DEBIT CARDS; AMENDING SECTION 26-3002, IDAHO CODE, TO
3 REVISE DEFINITIONS AND TO INCLUDE REFERENCES TO CONTRACTED THIRD PARTY
4 PROGRAM PROVIDERS; AND AMENDING SECTION 26-3003, IDAHO CODE, TO PROVIDE
5 THAT DEBIT CARD TRANSACTIONS MAY BE USED TO PURCHASE GOODS OR SERVICES
6 FROM APPROVED VENDORS LOCATED AT ANY COLLEGE OR UNIVERSITY SITE OR IN THE
7 COMMUNITY IN WHICH THE COLLEGE OR UNIVERSITY IS LOCATED.
8 Be It Enacted by the Legislature of the State of Idaho:
9 SECTION 1. That Section 26-3002, Idaho Code, be, and the same is hereby
10 amended to read as follows:
11 26-3002. DEFINITIONS. As used in this chapter and unless the context
12 otherwise requires:
13 (1) "Debit card transaction" means the purchase of either goods or ser-
14 vices, or both, whereby payment is made through the means of a point of sale
15 or other payment system maintained by the college, or university or contracted
16 third party program provider which results in a charge to a credit balance
17 maintained by a registered student or a member of its faculty or staff with
18 the college, or university business office or contracted third party program
19 provider.
20 (2) "University debit card" means a card issued by a college or univer-
21 sity located in this state to a registered student or a member of its faculty
22 or staff which permits such persons to draw against funds on deposit with the
23 college, or university business office or contracted third party provider for
24 the purchase of goods or services.
25 (3) "University debit card program" means a financial arrangement whereby
26 a college or university allows a registered student or a member of its faculty
27 or staff to place funds on deposit with the college, or university business
28 office or contracted third party provider against which such persons may draw,
29 through a debit card transaction, for the purchase of either goods or services
30 or both.
31 SECTION 2. That Section 26-3003, Idaho Code, be, and the same is hereby
32 amended to read as follows:
33 26-3003. DEBIT CARD AUTHORITY AND BOND. (1) Any college or university
34 located in Idaho may make available to its student body and to members of its
35 faculty and staff a university debit card program. A debit card transaction
36 may be used only to purchase goods or services from the college or university
37 or through its approved vendors located on the principal campus of the at any
38 college or university, which goods or services traditionally are provided by a
39 college or university to its students, faculty or staff site or in the commu-
40 nity in which the college or university is located.
41 (2) A surety bond in a form approved by the governing authority of the
2
1 college or university in the amount of ten thousand dollars ($10,000) shall be
2 maintained for each employee of the college or university with access to the
3 funds maintained in the university debit card program.
STATEMENT OF PURPOSE
RS 11480
The intent of this legislation is that any college or university
located in Idaho may make available to its student body and members
of its faculty and staff a university debit card program. A debit
card transaction may be used to purchase goods or services from the
college or university or approved vendors located at any college or
university site or in the community in which the college or
university is located.
A surety bond in a form approved by the governing authority of the
college or university in the amount of ten thousand dollars (10,000)
shall be maintained for each employee of the college or university
with access to the funds maintained in the university debit card
program.
FISCAL IMPACT
There will be no fiscal impact on the general fund.
Contacts: Rep. Tom Trail
Rep. Gary Young
Sen. Gary Schroeder
Telephone: (208) 332-1000
STATEMENT OF PURPOSE/FISCAL NOTE H 478