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IL HB4971

Bill

Official Source

Status

Failed

1/8/2013

Primary Sponsor

Rosemary Mulligan

Click for details

Origin

House of Representatives

97th General Assembly

AI Summary

  • Amends the Consumer Fraud and Deceptive Business Practices Act by adding requirements for gift certificates issued on or after January 1, 2013.

  • Requires gift certificate holders with a remaining balance of less than $10 to be given the option to receive that balance in cash.

  • Applies to gift certificates issued after January 1, 2013, while maintaining existing protections regarding expiration dates, fees, and value reduction from prior law.

  • Takes effect January 1, 2013.

Legislative Description

GIFT CERT-UNDER $10 PAY CASH

Last Action

Session Sine Die

1/8/2013

Committee Referrals

Rules3/9/2012
Consumer Protection2/15/2012
Rules2/3/2012

Full Bill Text

No bill text available