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IL HB3802
Bill
Status
1/8/2019
Primary Sponsor
Laura Fine
Click for details
AI Summary
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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.
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Prohibits expiration dates earlier than 5 years after issuance and bans post-purchase fees on all gift certificates sold after January 1, 2008.
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Requires gift certificates issued before January 1, 2008 that have fees to clearly display fee information including amount, frequency, and what triggers the charge.
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Prohibits reduction of gift certificate face value and bars penalties against holders for non-use or delayed redemption after January 1, 2008.
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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