Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 10, 2021 |
approval memo.63 signed chap.668 |
Nov 29, 2021 |
delivered to governor |
Jun 07, 2021 |
returned to senate passed assembly ordered to third reading rules cal.177 substituted for a4629c |
Jun 07, 2021 |
substituted by s3467b |
Jun 03, 2021 |
restored to third reading amended by restoring to previous print 4629c |
Jun 01, 2021 |
amended on third reading 4629c |
Jun 02, 2021 |
restored to third reading amended by restoring to previous print 4629b |
Jun 01, 2021 |
ordered to third reading rules cal.177 rules report cal.177 reported |
May 25, 2021 |
reported referred to rules |
Mar 29, 2021 |
print number 4629b |
Mar 29, 2021 |
amend and recommit to consumer affairs and protection |
Feb 16, 2021 |
print number 4629a |
Feb 16, 2021 |
amend and recommit to consumer affairs and protection |
Feb 04, 2021 |
referred to consumer affairs and protection |
Assembly Bill A4629C
Signed By Governor2021-2022 Legislative Session
Sponsored By
SAYEGH
Archive: Last Bill Status Via S3467 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
2021-A4629 - Details
2021-A4629 - Summary
Relates to fees for gift cards; limits the amount a merchant may charge for the gift card; prohibits the expiration of such gift cards or certificates with the exception of promotional gift certificates in which such certificates may not expire earlier than 9 years after the date it was issued.
2021-A4629 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4629 2021-2022 Regular Sessions I N A S S E M B L Y February 4, 2021 ___________ Introduced by M. of A. SAYEGH -- read once and referred to the Committee on Consumer Affairs and Protection AN ACT to amend the general business law, in relation to fees for gift cards THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions 1, 3, 5, and 5-a of section 396-i of the general business law, subdivision 1 as amended by chapter 170 of the laws of 2004 and subdivisions 3 and 5 as amended and subdivision 5-a as added by chapter 329 of the laws of 2016, are amended and a new subdivi- sion 5-b is added to read as follows: 1. (A) For the purposes of this section, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (1) "gift certificate" shall mean a [written promise or electronic payment device] CERTIFICATE, ELECTRONIC CARD, OR OTHER PRE-FUNDED RECORD that: (i) is usable at a single merchant or an affiliated group of merchants that share the same name, mark, or logo, or is usable at multiple, unaffiliated merchants or service providers; and (ii) is issued in a specified amount; and (iii) may or may not be increased in value or reloaded; and (iv) is purchased and/or loaded on a prepaid basis for the future purchase or delivery of any goods or services; and (v) is honored upon presentation[.]; (2) "OPEN LOOP GIFT CERTIFICATE" SHALL MEAN A GIFT CERTIFICATE REDEEM- ABLE AT MULTIPLE, UNAFFILIATED MERCHANTS OR SERVICE PROVIDERS; AND (3) "PROMOTIONAL GIFT CERTIFICATE" SHALL MEAN A GIFT CERTIFICATE ISSUED FOR NO CONSIDERATION WHICH INCLUDES ON THE FRONT OF THE GIFT CERTIFICATE (I) A STATEMENT INDICATING THAT THE CARD IS ISSUED FOR PROMOTIONAL PURPOSES AND (II) THE EXPIRATION DATE FOR THE UNDERLYING FUNDS. (B) Gift certificate shall not include an electronic payment device linked to a deposit account, or prepaid telephone calling cards regu- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2021-A4629A - Details
2021-A4629A - Summary
Relates to fees for gift cards; limits the amount a merchant may charge for the gift card; prohibits the expiration of such gift cards or certificates with the exception of promotional gift certificates in which such certificates may not expire earlier than 9 years after the date it was issued.
2021-A4629A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4629--A 2021-2022 Regular Sessions I N A S S E M B L Y February 4, 2021 ___________ Introduced by M. of A. SAYEGH -- read once and referred to the Committee on Consumer Affairs and Protection -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee AN ACT to amend the general business law, in relation to fees for gift cards THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions 1, 3, 5, and 5-a of section 396-i of the general business law, subdivision 1 as amended by chapter 170 of the laws of 2004 and subdivisions 3 and 5 as amended and subdivision 5-a as added by chapter 329 of the laws of 2016, are amended and a new subdivi- sion 5-b is added to read as follows: 1. (A) For the purposes of this section, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (1) "gift certificate" shall mean a [written promise or electronic payment device] CERTIFICATE, ELECTRONIC CARD, OR OTHER PRE-FUNDED RECORD that: (i) is usable at a single merchant or an affiliated group of merchants that share the same name, mark, or logo, or is usable at multiple, unaffiliated merchants or service providers; and (ii) is issued in a specified amount; and (iii) may or may not be increased in value or reloaded; and (iv) is purchased and/or loaded on a prepaid basis for the future purchase or delivery of any goods or services; and (v) is honored upon presentation[.]; (2) "OPEN LOOP GIFT CERTIFICATE" SHALL MEAN A GIFT CERTIFICATE REDEEM- ABLE AT MULTIPLE, UNAFFILIATED MERCHANTS OR SERVICE PROVIDERS; AND (3) "PROMOTIONAL GIFT CERTIFICATE" SHALL MEAN A GIFT CERTIFICATE ISSUED FOR NO CONSIDERATION WHICH INCLUDES ON THE FRONT OF THE GIFT CERTIFICATE (I) A STATEMENT INDICATING THAT THE CARD IS ISSUED FOR PROMOTIONAL PURPOSES AND (II) THE EXPIRATION DATE FOR THE UNDERLYING FUNDS. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
Steven Englebright
Harvey Epstein
Judy Griffin
William Magnarelli
2021-A4629B - Details
2021-A4629B - Summary
Relates to fees for gift cards; limits the amount a merchant may charge for the gift card; prohibits the expiration of such gift cards or certificates with the exception of promotional gift certificates in which such certificates may not expire earlier than 9 years after the date it was issued.
2021-A4629B - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4629--B 2021-2022 Regular Sessions I N A S S E M B L Y February 4, 2021 ___________ Introduced by M. of A. SAYEGH -- read once and referred to the Committee on Consumer Affairs and Protection -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee -- again reported from said committee with amendments, ordered reprinted as amended and recommitted to said committee AN ACT to amend the general business law, in relation to fees for gift cards THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions 1, 3, 5, and 5-a of section 396-i of the general business law, subdivision 1 as amended by chapter 170 of the laws of 2004 and subdivisions 3 and 5 as amended and subdivision 5-a as added by chapter 329 of the laws of 2016, are amended and a new subdivi- sion 5-b is added to read as follows: 1. (A) For the purposes of this section, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (1) "gift certificate" shall mean a [written promise or electronic payment device] CERTIFICATE, ELECTRONIC CARD, OR OTHER PRE-FUNDED RECORD that: (i) is usable at a single merchant or an affiliated group of merchants that share the same name, mark, or logo, or is usable at multiple, unaffiliated merchants or service providers; and (ii) is issued in a specified amount; and (iii) may or may not be increased in value or reloaded; and (iv) is purchased and/or loaded on a prepaid basis for the future purchase or delivery of any goods or services; and (v) is honored upon presentation[.]; (2) "OPEN LOOP GIFT CERTIFICATE" SHALL MEAN A GIFT CERTIFICATE REDEEM- ABLE AT MULTIPLE, UNAFFILIATED MERCHANTS OR SERVICE PROVIDERS; AND (3) "PROMOTIONAL GIFT CERTIFICATE" SHALL MEAN A GIFT CERTIFICATE ISSUED FOR NO CONSIDERATION WHICH INCLUDES ON THE FRONT OF THE GIFT CERTIFICATE (I) A STATEMENT INDICATING THAT THE CARD IS ISSUED FOR EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02680-06-1
co-Sponsors
Steven Englebright
Harvey Epstein
Judy Griffin
William Magnarelli
2021-A4629C (ACTIVE) - Details
2021-A4629C (ACTIVE) - Summary
Relates to fees for gift cards; limits the amount a merchant may charge for the gift card; prohibits the expiration of such gift cards or certificates with the exception of promotional gift certificates in which such certificates may not expire earlier than 9 years after the date it was issued.
2021-A4629C (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4629--C R. R. 177 2021-2022 Regular Sessions I N A S S E M B L Y February 4, 2021 ___________ Introduced by M. of A. SAYEGH, ENGLEBRIGHT, EPSTEIN, GRIFFIN, MAGNAREL- LI, DICKENS, ABINANTI, JACKSON, DeSTEFANO -- read once and referred to the Committee on Consumer Affairs and Protection -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amend- ments, ordered reprinted as amended and recommitted to said committee -- reported and referred to the Committee on Rules -- amended on the special order of third reading, ordered reprinted as amended, retain- ing its place on the special order of third reading AN ACT to amend the general business law, in relation to fees for gift cards THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions 1, 3, 5, and 5-a of section 396-i of the general business law, subdivision 1 as amended by chapter 170 of the laws of 2004 and subdivisions 3 and 5 as amended and subdivision 5-a as added by chapter 329 of the laws of 2016, are amended and a new subdivi- sion 5-b is added to read as follows: 1. (A) For the purposes of this section, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (1) "gift certificate" shall mean a [written promise or electronic payment device] CERTIFICATE, ELECTRONIC CARD, OR OTHER PRE-FUNDED RECORD that: (i) is usable at a single merchant or an affiliated group of merchants that share the same name, mark, or logo, or is usable at multiple, unaffiliated merchants or service providers; and (ii) is issued in a specified amount; and (iii) may or may not be increased in value or reloaded; and (iv) is purchased and/or loaded on a prepaid basis for the future purchase or delivery of any goods or services; and (v) is honored upon presentation[.]; (2) "OPEN LOOP GIFT CERTIFICATE" SHALL MEAN A GIFT CERTIFICATE REDEEM- ABLE AT MULTIPLE, UNAFFILIATED MERCHANTS OR SERVICE PROVIDERS; AND EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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