Sponsored by:
Assemblyman JOHN J. BURZICHELLI
District 3 (Cumberland, Gloucester and Salem)
Assemblyman RAJ MUKHERJI
District 33 (Hudson)
Senator PAUL A. SARLO
District 36 (Bergen and Passaic)
Assemblywoman ELIANA PINTOR MARIN
District 29 (Essex)
SYNOPSIS
Allows purchase of lottery tickets through decoupled debit payment method.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning the purchase of lottery tickets through decoupled debit as an electronic fund payment method and supplementing P.L.1970, c.13 (C.5:9-1 et seq.).
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. For the purposes of this act, P.L. , c. (C. ) (pending before the Legislature as this bill), "decoupled debit" means an electronic fund transfer by an entity that does not hold the enrolled user's bank account and uses the automated clearing house network to debit the user's checking account for the settlement of transactions.
b. Notwithstanding the provisions of any other law, rule, or regulation to the contrary, a licensed lottery sales agent operating in this State may accept decoupled debit as a form of payment from patrons for the purchase of lottery tickets.
c. The State Lottery Commission shall promulgate rules and regulations, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), as may be needed to effectuate the provisions of this act.
2. This act shall take effect on the first day of the third month following enactment, except that the State Lottery Commission may take any anticipatory administrative action in advance as shall be necessary for the implementation of this act.
STATEMENT
The bill permits lottery sales agents to accept decoupled debit as a form of payment from patrons for the purchase of lottery tickets. Under the bill, "decoupled debit" means an electronic fund transfer by an entity that does not hold the enrolled user's bank account and uses the automated clearing house network to debit the user's checking account for the settlement of transactions.