Leawood, Kan. – February 10, 2020: New Jersey Senate Bill 1352 was introduced by Senator Shirley Turner on February 10, 2020. This Bill requires any place of business where merchandise is exposed or offered for sale to members of the public to train employees on how to identify and respond to gift card fraud.
The proposed bill does not provide detail as to the nature or extent of the required training. Failure to comply with this bill could result in a civil penalty of $1000.00 which could be collected and enforced by the Director of the Division of Consumer Affairs. New Jersey Assembly Bill 802 is an accompanying bill to Senate Bill 1352.
For Text of Bill: https://www.njleg.state.nj.us/2020/Bills/S1500/1352_I1.PDF
The New Jersey bill is part of a general effort to address the ongoing battle against gift card fraud. Several states have proposed bills that would require any person or entity selling gift cards or gift certificates to provide notice to purchasers relating to such fraud, or training to employees to identify and stop potential fraud.
About the Bill Status:
Senate Bill 1352 was introduced on February 10, 2020 and was referred to the Senate Commerce Committee where it remains. Assembly Bill 802 was referred to the New Jersey Assembly Consumer Affairs Committee where it remains.
About the Compliance Libraries:
The Compliance Libraries provide a one stop location for comprehensive information on the laws, rules and standards regulating gift cards. Its features include the Regulatory Watch Center which tracks and releases information on new laws, rules and standards. For more visit www.compliancelibraries.com.