CT SB00179

Establishes that gift card issuers must provide purchasers with either electronic or paper copies of proof of purchase receipts or gift receipts at the time of sale.

Requires merchants to provide cash refunds for remaining gift card balances of less than five dollars when a customer requests one after making a purchase.

Defines "gift card" to include records with microprocessor chips, magnetic stripes, electronic gift cards, and stored-value cards, but excludes general-use prepaid cards, loyalty program cards, and paper-only gift certificates.

Excludes from the cash refund requirement gift cards sold below face value, cards from retailers without in-state establishments, and cards issued through awards or promotional programs with no monetary exchange.

Takes effect October 1, 2022 and amends Connecticut General Statutes Section 42-461.