SB 76 – Prohibits the use of expiration dates and service fees on gift certificates

• Sponsor: Coleman
• LR Number: 0322S.01I
• Committee: Commerce, Energy and the Environment
• Last Action: 1/16/2007 - Second Read and Referred S Commerce, Energy and the Environment Committee
• Journal Page: S106
• Effective Date: August 28, 2007

Current Bill Summary

SB 76 - This act prohibits the use of expiration dates or service fees on gift certificates. Consumers are entitled to receive the remaining balance of a gift certificate in cash, provided they have used at least fifty percent of the original value of the certificate. Violations of the act shall be considered unfair marketing practices subject to certain unlawful merchandising practice penalties.

This act is similar to HB 299(2007) and identical to SB 685 (2006).

ERIKA JAQUES