File Code: Commercial Law - Generally
Crossfiled with: HOUSE BILL 126
- Sponsored By:
-
Senators Pugh, Conway, Exum, Harrington, King, Lenett, Peters, Rosapepe,
and Stone
- Entitled:
-
Commercial Law - Gift Certificates - Balances - Presumption of Abandonment
Providing that on a specified date the balance remaining on a gift
certificate sold in the State shall be presumed to be abandoned;
requiring each issuer of gift certificates sold in the State to report
to the Comptroller specified information regarding gift certificate
transactions in the State and to remit to the Comptroller 70% of the
remaining balances on specified gift certificates on or before March 1
of each year; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/2
- First Reading Finance
- 2/4
- Hearing 2/18 at 1:00 p.m.
- 2/16
- Hearing cancelled
- 2/23
- Unfavorable Report by Finance Withdrawn
House Action
- No Action
Sponsored by:
- Senator Catherine E. Pugh, District 40
- Senator Joan Carter Conway, District 43
- Senator Nathaniel Exum, District 24
- Senator David C. Harrington, District 47
- Senator Nancy J. King, District 39
- Senator Mike Lenett, District 19
- Senator Douglas J. J. Peters, District 23
- Senator Jim Rosapepe, District 21
- Senator Norman R. Stone, Jr., District 6
Bill indexed under the following Subjects:
- Abandoned Property
- Commerce and Business -see also- Dealers; Elec. Comm.; etc
- Comptroller
- Consumer Protection -see also- Unfair Trade Practices
- Disclosure
- Gifts
- Penalties
- Records -see also- Land Records; Vital Records
- Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.
Bill affects the following Statute:
- Commercial Law
- (
14-1319
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered
