Wednesday, March 15, 2006

Taft Signs Gift Card Bill

Taft Signs Gift Card Bill: "COLUMBUS, Ohio (AP) -- Governor Taft has signed a bill that prohibits the sale of a gift card with an expiration date that lasts less than two years.
The new law also prevents retailers from charging fees that reduce the value of the card and ensures that a card without an expiration date is valid until it is redeemed or replaced.
Gift cards given to employees as a reward or cards sold by charitable groups to raise money would be exempt. "

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