Gift Certificates

Summary

The bill redefines "gift certificate" to include various stored‑value cards and bans expiration dates and post‑sale fees, except for limited charitable, employee‑incentive, loyalty, or event‑related cases. It also changes how unredeemed certificates are treated under unclaimed‑property law. The measure failed in the Insurance & Banking Subcommittee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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