Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 24, 2022 |
signed chap.6 delivered to governor |
Jan 20, 2022 |
returned to senate passed assembly ordered to third reading rules cal.29 substituted for a8745 |
Jan 20, 2022 |
substituted by s7714 |
Jan 19, 2022 |
ordered to third reading rules cal.29 rules report cal.29 reported reported referred to rules |
Jan 11, 2022 |
referred to consumer affairs and protection |
Assembly Bill A8745
Signed By Governor2021-2022 Legislative Session
Sponsored By
SAYEGH
Archive: Last Bill Status Via S7714 - 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
2021-A8745 (ACTIVE) - Details
- See Senate Version of this Bill:
- S7714
- Law Section:
- General Business Law
- Laws Affected:
- Amd §396-i, Gen Bus L (as proposed in S.3467-B & A.4629-C)
2021-A8745 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8745 I N A S S E M B L Y January 11, 2022 ___________ 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 the definition of gift certificate THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (b) of subdivision 1 of section 396-i of the general business law, as amended by a chapter of the laws of 2021 amend- ing the general business law relating to fees for gift cards, as proposed in legislative bills numbers S. 3467-B and A. 4629-C, is amended to read as follows: (b) Gift certificate shall not include (I) an electronic payment device linked to a deposit account or which is covered by the exclusion set forth in 15 U.S.C. § 1693[I-1] L-1(a)(2)(D)(ii), (II) A FARE PAYMENT CARD OR ELECTRONIC PAYMENT DEVICE USED TO PAY FOR TRAVEL ON A PUBLIC TRANSPORTATION AUTHORITY SYSTEM, or (III) prepaid telephone calling cards regulated under section ninety-two-f of the public service law. Gift certificate also shall not include flexible spending arrangements as defined in Section 106(c)(2) of the Internal Revenue Code, 26 U.S.C. § 106(c)(2); flexible spending accounts subject to Section 125 of the Internal Revenue Code, 26 U.S.C. § 125; Archer MSAs as defined in Section 220(d) of the Internal Revenue Code, 26 U.S.C. § 220(d); depend- ent care reimbursement accounts subject to Section 129 of the Internal Revenue Code, 26 U.S.C. § 129; health savings accounts subject to Section 223(d) of the Internal Revenue Code, 26 U.S.C. § 223(d), as amended by Section 1201 of the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, Pub. L. No. 108-173; or similar accounts from which, under the Internal Revenue Code and its implementing regu- lations, individuals may pay medical expenses, health care expenses, dependent care expenses, or similar expenses on a pretax basis. Gift certificate also shall not include a prepaid discount card or program used to purchase identified goods or services at a price or percentage below the normal and customary price; provided that any expiration date of the prepaid discount card or program is clearly and conspicuously EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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