SB 685 Prohibits expiration dates or service fees for dormancy on gift certificates issued by companies
Sponsor: Coleman
LR Number: 3214S.01I Fiscal Note: 3214-01
Committee: Financial & Governmental Organizations and Elections
Last Action: 1/19/2006 - Hearing Cancelled S Financial & Governmental Organizations and Elections Committee Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2006

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Current Bill Summary


SB 685 - The act prohibits expiration dates or service fees for dormancy on gifts certificates issued by companies. The act also allows the consumer to receive the remaining balance of a gift certificate in cash, provided they have already used fifty percent of the original value of the certificate. Violations of the act shall be considered unfair marketing practices subject to the penalties outlined in Section 407.020, RSMo.

MEGAN WORD