Chapter 168 |
2023 -- S 0759 SUBSTITUTE A AS AMENDED Enacted 06/20/2023 |
A N A C T |
RELATING TO COMMERCIAL LAW--GENERAL REGULATORY PROVISIONS -- GIFT CARD FRAUD |
Introduced By: Senators Gu, Sosnowski, Euer, Mack, Britto, Kallman, DiPalma, and Gallo |
Date Introduced: March 23, 2023 |
It is enacted by the General Assembly as follows: |
SECTION 1. Title 6 of the General Laws entitled "COMMERCIAL LAW — GENERAL |
REGULATORY PROVISIONS" is hereby amended by adding thereto the following chapter: |
CHAPTER 59 |
GIFT CARD FRAUD |
6-59-1. Definitions. |
As used in this chapter, "gift card" means a written promise or electronic payment device |
that: |
(1) 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; |
(2) Is issued in a specific amount; |
(3) May or may not be increased in value or reloaded; |
(4) Is purchased and/or loaded on a prepaid basis for the future purchase or delivery of any |
goods or services; and |
(5) Is honored upon presentation. |
6-59-2. Posting of notice of gift card fraud at retail establishments. |
No person, firm, partnership, association, retailer, or corporation shall sell a gift card to a |
purchaser unless the seller displays a conspicuous notice, in a form prescribed by the department |
of business regulation, at or near where the gift card is displayed and at or near the physical location |
where the sale occurs, that: |
(1) Cautions the purchaser about prepaid card scams; and |
(2) Instructs the purchaser on what to do if they suspect they might be a potential victim of |
such a scam. |
6-59-3. Penalty for violation. |
Any person, firm, partnership, association, corporation, or retail mercantile establishment |
that violates the provisions of this chapter shall be subject to a civil penalty of up to two hundred |
fifty dollars ($250). |
SECTION 2. This act shall take effect upon passage. |
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LC001496/SUB A |
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