Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to consumer affairs and protection |
Jan 22, 2013 |
referred to consumer affairs and protection |
Assembly Bill A2984
2013-2014 Legislative Session
Sponsored By
ORTIZ
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
Barbara Clark
Joan Millman
Annette Robinson
Vivian Cook
multi-Sponsors
Kevin Cahill
Herman D. Farrell
Richard Gottfried
Earlene Hooper
2013-A2984 (ACTIVE) - Details
2013-A2984 (ACTIVE) - Summary
Provides that gift certificates and store credits shall not contain expiration dates, except in limited circumstances where they are issued for promotional purposes without value being given by the consumer; makes certificates or credit with an expiration date redeemable in cash or replaceable by a certificate or credit without an expiration date.
2013-A2984 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2984 2013-2014 Regular Sessions I N A S S E M B L Y January 22, 2013 ___________ Introduced by M. of A. ORTIZ, CLARK, MILLMAN, ROBINSON, COOK, O'DONNELL, GALEF -- Multi-Sponsored by -- M. of A. CAHILL, FARRELL, GOTTFRIED, HOOPER, JACOBS, MAGEE, PEOPLES-STOKES -- read once and referred to the Committee on Consumer Affairs and Protection AN ACT to amend the general business law, in relation to expiration of gift certificates THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The general business law is amended by adding a new section 396-ii to read as follows: S 396-II. GIFT CERTIFICATES. 1. IT SHALL BE UNLAWFUL FOR ANY PERSON, FIRM, PARTNERSHIP, ASSOCIATION OR CORPORATION TO SELL GIFT CERTIFICATES OR ISSUE STORE CREDITS TO A CONSUMER CONTAINING AN EXPIRATION DATE. ANY GIFT CERTIFICATE SOLD OR STORE CREDIT ISSUED AFTER THE EFFECTIVE DATE OF THIS SECTION, WHICH CONTAINS AN EXPIRATION DATE, SHALL BE REDEEMABLE IN CASH FOR ITS CASH VALUE, OR SUBJECT TO REPLACEMENT WITH A NEW GIFT CERTIFICATE AT NO COST TO THE CONSUMER. 2. THE PROVISIONS OF THIS SECTION SHALL NOT APPLY TO GIFT CERTIFICATES OR STORE CREDITS DISTRIBUTED TO A CONSUMER FOR PROMOTIONAL PURPOSES WITHOUT ANY MONEY OR OTHER THING OF VALUE BEING GIVEN IN EXCHANGE FOR THE GIFT CERTIFICATE OR ISSUANCE OF STORE CREDITS BY THE CONSUMER. S 2. This act shall take effect on the sixtieth day after it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06976-01-3
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