HB 1260 IN Passed One Chamber
Gift certificates and store gift cards.
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Summary
Provides that a person shall not sell or issue to an Indiana consumer any gift certificate or store gift card with an expiration date unless certain conditions are met. Provides that, with respect to a gift certificate or store gift card that is sold or issued to an Indiana consumer after December 31, 2022, if at any time after the gift certificate or store gift card is issued or sold: (1) the merchant for which the gift certificate or store gift card was originally sold or issued: (A) for any reason ceases to do business in Indiana; or (B) for any reason: (i) substantially changes; or (ii) ceases to offer; the types of goods or services that were offered to consumers at the time the gift certificate or store gift card was originally sold or issued; and (2) any expiration date: (A) authorized under the bill's provisions; and (B) applicable to the gift certificate or store gift card (or to the underlying funds associated with either) has not elapsed; the merchant for which the gift certificate or store gift card was originally sold or issued shall, upon the request of an Indiana consumer who is the rightful holder of the gift certificate or store gift card, promptly refund to the holder the balance of the underlying funds or provide the holder with the remaining balance in some other manner. Provides that a person that violates the bill's provisions: (1) commits a deceptive act that is actionable by an aggrieved consumer and the attorney general under the deceptive consumer sales act; and (2) is subject to the penalties and remedies set forth in the deceptive consumer sales act. Authorizes the attorney general to adopt rules to implement these provisions.
Sponsors (3)
- Anthony Cook · author
- Michael Young Republican · sponsor
- Blake Doriot Republican · sponsor
3 coauthors / cosponsors
- Doug Miller Republican · coauthor
- Wendy McNamara Republican · coauthor
- Robert Morris Republican · coauthor
Action history (12)
- Jan 14, 2021 Coauthored by Representatives Miller D and McNamara · lower
- Jan 14, 2021 Authored by Representative Cook · lower
- Jan 14, 2021 First reading: referred to Committee on Commerce, Small Business and Economic Development · lower
- Feb 11, 2021 Committee report: amend do pass, adopted · lower
- Feb 15, 2021 Representative Morris added as coauthor · lower
- Feb 16, 2021 Amendment #1 (Cook) prevailed; voice vote · lower
- Feb 16, 2021 Second reading: amended, ordered engrossed · lower
- Feb 17, 2021 Senate sponsor: Senator Young M · lower
- Feb 17, 2021 Third reading: passed; Roll Call 181: yeas 96, nays 0 · lower
- Feb 18, 2021 Referred to the Senate · lower
- Feb 24, 2021 First reading: referred to Committee on Commerce and Technology · upper
- Mar 8, 2021 Senator Doriot added as second sponsor · upper
Text versions (3)
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