Illinois · 104th session
Creates the Gift Card Scam Prevention Act. Provides that a merchant shall not knowingly sell an open-loop gift card to a consumer unless the merchant satisfies specified requirements. Provides that a third-party gift card reseller that buys or sells an open-loop gift card as part of a transaction occurring in the State shall record and maintain a copy of specified information. Provides for enforcement of the Act by the Attorney General. Effective January 1, 2026.
Referred to Assignments (2025-02-06)