Loading chat...

CT HB05296

Bill

Official Source

Status

Introduced

2/26/2020

Primary Sponsor

General Law Committee

Click for details

Origin

House of Representatives

2020 General Assembly

AI Summary

  • Increases the minimum gift card balance threshold from three dollars to five dollars for which consumers can request cash refunds
  • Requires merchants accepting gift cards as payment to provide cash refunds equal to remaining balances when requested by the purchaser
  • Applies to purchases of goods or services where the remaining balance falls below the five-dollar threshold
  • Effective date: October 1, 2020
  • Amends Connecticut General Statutes Section 42-461(c)

Legislative Description

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

Last Action

Filed with Legislative Commissioners' Office

3/11/2020

Committee Referrals

General Law2/26/2020

Full Bill Text

No bill text available