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State Lawmaker Introduces Gift Card Bill



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(Sacramento, CA)
Tuesday, January 26, 2010
Californians could get more back cash back when they redeem gift cards under a new bill state lawmakers are considering.  

Capital Public Radio's Steve Shadley reports...
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State Senator Ellen Corbett’s bill that would require stores to give consumers up to twenty-dollars in cash back on the value of their gift cards. 

It’s similar to a bill she got passed in 2007 that set the redeemable cash value limit at ten-dollars. 

Corbett says her new measure increases the amount of money consumers can get back as a way to help people hard hit by the recession...
 
 
Corbett: “What we’re hoping this will turn into is a no-fee, no-hassle program for our consumers. The point of the law is very simple. When people give a gift card as a gift they expect that card to be valued by the recipient, not the store...”
  
Corbett says her bill also would require retailers to print their gift card policies on the back of each card. 

And, the measure would ban retailers from charging any service fees of gift cards.  

The California Retailers Association opposes the bill.  
 
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