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S 710 111th Congress Senate Finance and Financial Sector Consumer affairs Retail and wholesale trades

Fair Gift Card Act of 2009

Introduced: March 25, 2009 Introduced by: Schumer, Charles E. Democratic · New York See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 25, 2009
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 25, 2009
Introduced in Senate
 Plain-English summary Congressional Research Service

Fair Gift Card Act of 2009 - Declares it unlawful, with certain exceptions, for any person to impose a dormancy fee, inactivity charge or fee, or a service fee with respect to a gift certificate, store gift card, or general-use prepaid card.

Declares it unlawful, with certain exceptions, for any person to sell or issue a gift certificate, store gift card, or general-use prepaid card that is subject to an expiration date.

Requires any violation of this Act to be treated as a violation of a rule defining an unfair or deceptive act or practice prescribed under the Federal Trade Commission Act.

What's happening now March 25, 2009

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 1