HB 259 (BR 1160) - J. Vincent, P. Marcotte, A. Simpson, A. Wuchner
AN ACT relating to gift cards.
Create a new section of KRS Chapter 367 to define "gift card"; require that gift cards shall not be sold without an expiration date that is at least one year from the date of purchase; prohibit any fees being assessed to deduct the value of the card before the expiration date; and provide that any fees to be assessed must be disclosed.
Jan 6-introduced in House
Jan 9-to Banking and Insurance (H)
Jan 11-posted in committee