AN ACT REQUIRING A STUDY OF THE USE OF CREDIT CARD VERIFICATION VALUE CODES FOR CAMPAIGN FINANCE PURPOSES.

SB 954 requires a study examining whether credit card verification value codes (the 3-digit security codes on the back of cards) should be mandated for processing campaign contributions to prevent fraud, money laundering, and identity theft. The bill does not implement any new rules but directs a review of this specific security measure and other anti-fraud mechanisms. It directly affects campaign finance processors and political committees handling card transactions. The study aims to assess practicality and effectiveness before any potential policy changes. This is a procedural bill focused solely on research, not on enacting new campaign finance requirements.