Bush signs law providing credit slip clarification

WASHINGTON Restaurant industry officials praised President Bush for signing a law Tuesday that aims to shield operators and other merchants from lawsuits stemming from the printing of expiration dates on credit card receipts. The bipartisan-backed Credit and Debit Card Clarification Act amends the Fair and Accurate Credit Transaction Act, or FACTA, which was passed in 2003 to help prevent credit card fraud. Confusing language in a FACTA provision, however, triggered hundreds of ...

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