|
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 referred to consumer affairs and protection returned to assembly repassed senate |
| Jun 03, 2021 |
amended by restoring to previous print 3467b |
| Jun 01, 2021 |
amended on third reading 3467b |
| Jun 02, 2021 |
amended by restoring to previous print 3467a |
| Jun 01, 2021 |
vote reconsidered - restored to third reading returned to senate recalled from assembly |
| Apr 19, 2021 |
referred to consumer affairs and protection delivered to assembly passed senate |
| Mar 22, 2021 |
amended on third reading 3467a |
| Mar 04, 2021 |
advanced to third reading |
| Mar 03, 2021 |
2nd report cal. |
| Mar 02, 2021 |
1st report cal.488 |
| Jan 29, 2021 |
referred to consumer protection |
Senate Bill S3467B
Signed By Governor2021-2022 Legislative Session
Sponsored By
(D, WF) 37th Senate District
Archive: Last Bill Status - 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
co-Sponsors
(D) 16th Senate District
2021-S3467 - Details
2021-S3467 - 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-S3467 - Sponsor Memo
BILL NUMBER: S3467
SPONSOR: MAYER
TITLE OF BILL:
An act to amend the general business law, in relation to fees for gift
cards
PURPOSE OR GENERAL IDEA OF BILL:
To prohibit fees on gift cards and gift certificates, limit gift card
and gift certificate expiration dates to no earlier than nine years
after issuance, and to provide that gift cards and gift certificates may
be redeemed in cash when the remaining value is less than five dollars.
SUMMARY OF PROVISIONS:
Section 1 amends subdivision 1, 3, 5 and 5-a of section 396-i of the
general business law and adds a new section 5-b to make clear that the
definition of "gift certificate" includes gift cards, amend certain
references to expiration date and fees to prohibit the issuance of gift
2021-S3467 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
3467
2021-2022 Regular Sessions
I N S E N A T E
January 29, 2021
___________
Introduced by Sens. MAYER, LIU -- read twice and ordered printed, and
when printed to be committed to the Committee on Consumer 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.
co-Sponsors
(D) 16th Senate District
2021-S3467A - Details
2021-S3467A - 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-S3467A - Sponsor Memo
BILL NUMBER: S3467A
SPONSOR: MAYER
TITLE OF BILL:
An act to amend the general business law, in relation to fees for gift
cards
PURPOSE OR GENERAL IDEA OF BILL:
To prohibit fees on gift cards and gift certificates, limit gift card
and gift certificate expiration dates to no earlier than nine years
after issuance, and to provide that gift cards and gift certificates may
be redeemed in cash when the remaining value is less than five dollars.
SUMMARY OF PROVISIONS:
Section 1 amends subdivision 1, 3, 5 and 5-a of section 396-i of the
general business law and adds a new section 5-b to make clear that the
definition of "gift certificate" includes gift cards, to prohibit the
issuance of gift certificates and gift cards that decline in value over
2021-S3467A - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
3467--A
Cal. No. 488
2021-2022 Regular Sessions
I N S E N A T E
January 29, 2021
___________
Introduced by Sens. MAYER, LIU -- read twice and ordered printed, and
when printed to be committed to the Committee on Consumer Protection
-- reported favorably from said committee, ordered to first and second
report, ordered to a third reading, amended and ordered reprinted,
retaining its place in the 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
(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.
co-Sponsors
(D) 16th Senate District
2021-S3467B (ACTIVE) - Details
2021-S3467B (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-S3467B (ACTIVE) - Sponsor Memo
BILL NUMBER: S3467B
SPONSOR: MAYER
TITLE OF BILL:
An act to amend the general business law, in relation to fees for gift
cards
PURPOSE OR GENERAL IDEA OF BILL:
To prohibit fees on gift cards and gift certificates, limit gift card
and gift certificate expiration dates to no earlier than nine years
after issuance, and to provide that gift cards and gift certificates may
be redeemed in cash when the remaining value is less than five dollars.
SUMMARY OF PROVISIONS:
Section 1 amends subdivision 1, 3, 5 and 5-a of section 396-i of the
general business law and adds a new section 5-b to make clear that the
definition of "gift certificate" includes gift cards, to prohibit the
issuance of gift certificates and gift cards that decline in value over
2021-S3467B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
3467--B
Cal. No. 488
2021-2022 Regular Sessions
I N S E N A T E
January 29, 2021
___________
Introduced by Sens. MAYER, LIU -- read twice and ordered printed, and
when printed to be committed to the Committee on Consumer Protection
-- reported favorably from said committee, ordered to first and second
report, ordered to a third reading, amended and ordered reprinted,
retaining its place in the order of third reading -- passed by Senate
and delivered to the Assembly, recalled, vote reconsidered, restored
to third reading, amended and ordered reprinted, retaining its place
in the 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
[ ] is old law to be omitted.
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