Legislative & Legal Session Update #RGCAForum2017 MODERATED BY: Nathan Ehrlich, Gift Cards The Home Depot PANELISTS: Legislative & Legal Session Update Chuck Rouse, Attorney Rouse Frets/Card Compliant Elish A. Meyers, Attorney Rouse Frets/Card Compliant

RGCA Government Affairs Committee What we do… Responsible for Monitoring and Responding to Regulatory & Legislative Issues Monthly Committee Meetings Legislative Updates to Members/Webinars Track Proposed Legislation and Impact to Members Coordinate RGCA Response, when required IMAGE SPACE Complex Regulations for Card Issuers Regulatory Complexity – Many Regulated Subject Matters Multiple Jurisdiction Complexity – State, Federal, Micro… Regulatory Amendment Complexity – Churning Revisions IMAGE SPACE #RGCAForum2017

2017 Activity… West Virginia H.B. 2452 Pennsylvania H.B. 941 North Carolina H.B. 384 New York A.B. 5519 Nebraska L.B. 141 2017 Activity… Connecticut H.B. 7306 Massachusetts S.B. 1755 New York S.B. 3455 Washington H.B. 1499 Michigan H.B. 4193 Virginia H.B. 11 Tennessee H.B. 420 New York S.B. 1689 New York A.B. 4730 Vermont H.B. 311 West Virginia S. B. 202 Illinois S.B. 9 New Hampshire H.B. 473 Minnesota H.F. 1608 Illinois H.B. 2603 Nevada A.B. 287 New York A.B. 5107 New York S.B. 703 Pennsylvania H.B. 940 Revenue Recognition Topic 606 Minnesota S.F. 1035 Alaska H.B. 64 New York A.B. 2508 Oregon S.B. 113 KANSAS REGULATION 92-19-3, -16a, -16b, -40, -42, -49b, -55b, -73 #RGCAForum2017