SB 685
Prohibits expiration dates or service fees for dormancy on gift certificates issued by companies
Sponsor:
LR Number:
3214S.01I
Last Action:
1/19/2006 - Hearing Cancelled S Financial & Governmental Organizations and Elections Committee
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2006

Current Bill Summary

SB 685 - The act prohibits expiration dates or service fees for dormancy on gifts certificates issued by companies. The act also allows the consumer to receive the remaining balance of a gift certificate in cash, provided they have already used fifty percent of the original value of the certificate. Violations of the act shall be considered unfair marketing practices subject to the penalties outlined in Section 407.020, RSMo.

MEGAN WORD

Amendments