Establishes new offenses concerning unlawful possession and use of credit card scanners.

This New Jersey bill creates new criminal penalties for individuals who illegally possess or use devices designed to read information from credit and debit cards. Under the proposed law, simply owning such a scanner without a legal reason would be a disorderly persons offense punishable by fines or up to six months in jail. Using the device for unlawful purposes carries much heavier consequences, classified as a second-degree crime that could result in fines up to $150,000 or five to ten years in prison. The legislation directly targets the equipment used to steal financial data from payment cards, aiming to increase the legal risks associated with these activities.