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Potential expansion of pre-authorization hold disclosures to other industries

0:28:45

ยท

67 sec

Discussion on the possibility of expanding Intro 1049 to require disclosure of pre-authorization holds across all industries where they are used, beyond just gas stations.

  • DCWP expresses openness to considering expansion to other industries
  • Acknowledgment of limited familiarity with pre-authorization holds in industries other than gas stations
  • DCWP requests more information to better understand the scope of the issue in other sectors
Julie Menin
0:28:45
Okay.
0:28:45
Great.
0:28:45
So just to be clear, so you'll follow-up with the majority WHIPs team on that to discuss it directly with them?
0:28:50
Yeah.
0:28:50
Absolutely.
0:28:51
Okay.
0:28:51
Terrific.
0:28:52
Second question that she has is while this bill focuses on gas stations, preauthorization holds are also common at hotels, rental car companies, and other businesses.
0:29:01
Does the administration see value in expanding this bill to require disclosure across all industries where preauthorization holds are used?
Carlos Ortiz
0:29:11
I think, you know, I I think, admittedly, we we we came prepared to talk about the the category business as defined here.
0:29:19
I think, you know, this is something we'd certainly be open to and supporting the intent behind.
0:29:24
I'm not as familiar actually with with that happening in other industries.
0:29:28
So I I think if folks did testify to that, that's something we definitely have to look at.
0:29:32
And let me say again from the, the top as well that we are in agreement with the with the majority leader that that folks who have money, they should be able to use that money and shouldn't be held back from them.
0:29:41
So I think we wanna work with the the majority leader on this bill.
0:29:45
In terms of more categories, I don't know.
0:29:47
I think if they have more information for us to look into, I think that'd be very helpful to understand.
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