/ SECTION ___. Article 3, Chapter 4, Title 12 of the 1976 Code is amended by adding:
"Section 12-4-355. (A) For the purposes of this section:
(1) 'Eligible person' shall mean a person whose personally identifiable information was obtained by a third party from a compromised computer system maintained by a state agency, board, committee, or commission.
(2) 'Eligible expenses' shall mean the actual, verified losses incurred by an eligible person related to the theft of his personally identifiable information.
(3) 'Person' shall mean an individual, corporation, firm, association, joint venture, partnership, limited liability corporation, or any other business entity.
(4) 'Personally identifiable information' means information that can be used to uniquely identify, contact, or locate a single person or can be used with other sources to uniquely identify a single individual, including, but not limited to, social security numbers, debit card numbers, and credit card numbers.
(B) There is established in the State Treasury the Department of Revenue Identity Theft Reimbursement Fund which must be maintained separately from the general fund of the State and all other funds. The proceeds of the fund must be utilized to reimburse eligible expenses incurred by an eligible person.
(C) The State Treasurer may promulgate regulations necessary to implement the provisions of this section, including the disbursal of proceeds of the fund." /
Renumber sections to conform.
Amend title to conform.