May 2023Leawood, Kan. – May 30, 2023: As you may recall, the New York Consumer Protection Act was amended to require: (i) signage at points-of-sale warning of potential scams involving gift cards; and (ii) the New York Consumer Protection Division to publish a model notice...
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May 2023Leawood, Kan. – May 19, 2023: Last month, the Governor of New Mexico failed to take any action on House Bill 165 (“HB 165”), and it was therefore not adopted. As such, any proposed amendments that were contained within HB 165 will not become law this year. The New...
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May 2023Leawood, Kan. – May 12, 2023: Last week, the Indiana Governor signed Senate Bill 183 (“SB 183”); it becomes effective on July 1, 2023. SB 183 was previously passed by the House of Representatives and the Senate. SB 183 will amend the Indiana Unclaimed Property Act to...
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May 2023Leawood, Kan. – May 5, 2023: As you may recall, the New York Consumer Protection Act was amended to require signage at points-of-sale warning of potential scams involving gift cards. The amendment will become effective June 20, 2023. Specifically, the new law...
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Apr 2023Leawood, Kan. – April 7, 2023: Last month, the New Mexico Senate passed House Bill 165 (“HB 165”). You may recall that HB 165 was previously passed by the House of Representatives. HB 165 would enact New Mexico’s version of the Revised Uniform Unclaimed Property Act....
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Apr 2023Leawood, Kan. – April 7, 2023: Last month, the Idaho House of Representatives passed House Bill 188 (“HB 188”). HB 188 would enact Idaho’s version of the Revised Uniform Unclaimed Property Act. If enacted in its current form, HB 188 would become effective on July 1,...
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Apr 2023Leawood, Kan. – April 7, 2023: Last week, the Indiana House of Representative passed Senate Bill 183 (“SB 183”) with amendment. SB 183 was previously passed by the Senate. SB 183 would amend the Indiana Unclaimed Property Act to create a specific Gift Card exemption...
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Mar 2023Leawood, Kan. – March 24, 2023: Earlier this month, the Connecticut Joint Committee on Banking held a public hearing regarding Senate Bill 1018 (SB 1018). The bill would increase the cash redemption amount from less to $3 to less than $5 and delete the requirement...
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Mar 2023Leawood, Kan. – March 24, 2023: Last month, Illinois House Bill 3785 (HB 3785) was introduced before the Illinois House of Representatives. The bill would amend the consumer protection act to require that sellers of gift certificates “return the remaining balance on...
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Mar 2023Leawood, Kan. – March 3, 2023: Last week, the Indiana Senate passed Senate Bill 183 (“SB 183”). SB 183 would amend the Indiana Unclaimed Property Act to create a specific Gift Card exemption from escheat. As you may recall, Indiana adopted its version of the Revised...
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