STATE OF NEW YORK
________________________________________________________________________
10189
IN ASSEMBLY
May 16, 2016
___________
Introduced by M. of A. ROSENTHAL -- read once and referred to the
Committee on Consumer Affairs and Protection
AN ACT to amend the general business law, in relation to prohibiting
expiration dates on gift cards
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 3 of section 396-i of the general business law,
2 as amended by chapter 507 of the laws of 2004, is amended to read as
3 follows:
4 3. The terms and conditions of a gift certificate store credit shall
5 be clearly and conspicuously stated thereon. Terms and conditions shall
6 include [the expiration date,] whether any fees are assessed against the
7 balance of the gift certificate, and whether a fee will be charged for
8 the replacement of a gift certificate that is lost, stolen, or
9 destroyed. Additional terms and conditions including, but not be limited
10 to, policies related to refunds, warranties, changes in terms and condi-
11 tions, assignment and waiver shall be conspicuously printed: (a) on the
12 gift certificate; or (b) on an envelope or packaging containing the gift
13 certificate, provided that a toll free telephone number to access the
14 additional terms and conditions is printed on the gift certificate; or
15 (c) on an accompanying printed document, provided that a toll free tele-
16 phone number to access the additional terms and conditions is printed on
17 the gift certificate. A gift certificate shall not have an expiration
18 date.
19 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD14899-01-6
