Bill > S1198

This bill creates a new law in Florida to address fraudulent activities involving gift cards by establishing clear definitions and criminal penalties. The legislation defines key terms such as "cardholder" (the person to whom a gift card is sold or issued), "gift card" (a prepaid card for personal use redeemable at one or multiple merchants), and "gift card redemption information" (unique information that allows accessing or spending funds on a gift card). The bill makes it illegal for a person to fraudulently acquire, retain, or use gift cards or their redemption information without consent, including actions like altering gift card packaging, devising schemes to obtain cards through false pretenses, or using fraudulently obtained gift cards to acquire money, goods, or services. Depending on the circumstances, violations can be classified as a first-degree misdemeanor or a third-degree felony, with more severe penalties for repeat offenders or when the value of fraudulently obtained items exceeds $750. The law allows for aggregating the value of multiple fraudulent transactions to determine the offense's degree, and it is set to take effect on October 1, 2025, providing merchants and consumers with enhanced protection against gift card fraud.

Budget and Finance

Criminal Justice (S)

https://www.flsenate.gov/Session/Bill/2025/1198