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IL HB3802

Bill

Status

Failed

1/8/2019

Primary Sponsor

Laura Fine

Click for details

Origin

House of Representatives

100th General Assembly

AI Summary

  • Amends the Consumer Fraud and Deceptive Business Practices Act to prohibit post-purchase fees on gift certificates usable with multiple sellers of goods or services.

  • Prohibits expiration dates earlier than 5 years after issuance and bans post-purchase fees on all gift certificates sold after January 1, 2008.

  • Requires gift certificates issued before January 1, 2008 that have fees to clearly display fee information including amount, frequency, and what triggers the charge.

  • Prohibits reduction of gift certificate face value and bars penalties against holders for non-use or delayed redemption after January 1, 2008.

  • Exempts prepaid telecommunications cards, award/loyalty program certificates, discounted bulk sales to employers/nonprofits, and food product certificates from these requirements.

Legislative Description

CONSUMER FRD GIFT CERTIFICATE

Last Action

Session Sine Die

1/8/2019

Committee Referrals

Rules3/31/2017
Consumer Protection3/1/2017
Rules2/10/2017

Full Bill Text

No bill text available