Bill Text: CT HB05406 | 2018 | General Assembly | Comm Sub

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Bill Title: An Act Concerning Cash Refunds For The Balance Of A Gift Card.

Spectrum: Committee Bill

Status: (Introduced - Dead) 2018-04-05 - File Number 255 [HB05406 Detail]

Download: Connecticut-2018-HB05406-Comm_Sub.html

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General Assembly		Raised Bill No. 5406
February Session, 2018		LCO No. 1041
		*_____HB05406BA____032118____*
Referred to Committee on BANKING
Introduced by:
(BA)

AN ACT CONCERNING CASH REFUNDS FOR THE BALANCE OF A GIFT CARD.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Subsection (c) of section 42-461 of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2018):

(c) If a person uses a gift card to purchase goods or services and the balance on the gift card is less than [three] five dollars after such purchase, the person accepting the gift card as payment, if requested by the purchaser, shall provide the purchaser with a cash refund equal to the value of the remaining balance on the gift card after the purchase.

This act shall take effect as follows and shall amend the following sections:
Section 1	October 1, 2018	42-461(c)

BA

Joint Favorable