S. 491 · 118th Congress

Codification of Verified Values Act

Stage
In committee
Introduced
2023-02-16
Latest action
2023-02-16 · Introduced in Senate

Summary

Codification of Verified Values Act or the CVV Act

This bill requires a contributor to political organizations who uses a credit card to make online contributions to such organizations to disclose the credit verification value of such credit card at the time a contribution is made. A credit verification value is a series of numbers on a credit card (usually on the back of the card) that provides additional security for a transaction by credit card.