Bill > S0826

This bill updates Florida's laws regarding gift certificates by expanding the definition of "gift certificate" to include reward cards, consumer loyalty cards, and promotional gift cards, and removing most provisions that previously allowed gift certificates to have expiration dates. The bill eliminates most circumstances under which a gift certificate could expire, with only two narrow exceptions: gift certificates provided as charitable contributions (which can expire after at least 3 years) and those provided as part of an employee-incentive program (which can expire after at least 1 year). The legislation also requires that any such expiration be prominently disclosed in writing to the consumer at the time the certificate is provided. Additionally, the bill reenacts related sections of Florida Statutes to incorporate these changes, ensuring that other parts of state law referencing gift certificates are consistent with the new definition. The changes are designed to provide greater consumer protection by making gift certificates more consumer-friendly, with fewer restrictions and opportunities for unexpected value loss. The bill is set to take effect on July 1, 2026, giving businesses ample time to adapt to the new requirements.

Business and Industry

https://www.flsenate.gov/Session/Bill/2026/826