Bill H.314 186th (2009 - 2010)

HOUSE DOCKET, NO. 514        FILED ON: 1/12/2009

HOUSE  .   .  .  .  .  .  .  .  .  .  .  .  .  .  No. 314

The Commonwealth of Massachusetts

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PRESENTED BY:

William M. Straus

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
              Court assembled:

              The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:

An Act relative to credit ba cked or bank issued gift cards.

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PETITION OF:

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 326 OF 2007-2008.]

The Commonwealth of Massachusetts
 

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In the Year Two Thousand and Nine

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An Act relative to credit backed or bank issued gift cards.


 

              Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

              SECTION 1.   Section 1 of Chapter 255D, as amended by Chapter 18 of the Act of 2003, is further amended by striking the definition of “Gift Certificate” and inserting in place thereof the following:—

                      “Gift Certificate” a writing identified as a gift certificate or a credit backed or bank issued gift card, purchased by a buyer for use by a person other than the buyer not redeemable in cash and usable in its face amount in lieu of cash in exchange for goods or services supplied by the seller.