Bill Text: NY A00266 | 2021-2022 | General Assembly | Amended
Bill Title: Requires notice of potential scams when selling gift cards.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2022-12-22 - approval memo.46 [A00266 Detail]
Download: New_York-2021-A00266-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 266--A Cal. No. 291 2021-2022 Regular Sessions IN ASSEMBLY (Prefiled) January 6, 2021 ___________ Introduced by M. of A. PAULIN, MITAYNES -- read once and referred to the Committee on Consumer Affairs and Protection -- recommitted to the Committee on Consumer Affairs and Protection in accordance with Assem- bly Rule 3, sec. 2 -- advanced to a third reading, passed by Assembly and delivered to the Senate, recalled from the Senate, vote reconsid- ered, bill amended, ordered reprinted, retaining its place on the order of third reading AN ACT to amend the general business law, in relation to providing notice of potential scams when selling gift cards The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 396-i of the general business law is amended by 2 adding a new subdivision 2-b to read as follows: 3 2-b. No person, firm, partnership, association or corporation shall 4 sell a gift certificate to a purchaser unless the seller displays a 5 conspicuous notice at or near where the gift certificate is displayed or 6 at or near the physical location where the sale occurs, that (i) 7 cautions the purchaser about prepaid card scams, and (ii) instructs the 8 purchaser on what to do if they suspect they might be a potential victim 9 of such a scam. 10 § 2. This act shall take effect on the one hundred eightieth day after 11 it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02118-08-2