<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2014         </title>
<shortdesc>GIFT CARD SCAM PREVENTION</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Steve Stadelman</sponsors>
</sponsor>
<lastaction>
<statusdate>2/6/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><SynopsisText>Creates the Gift Card Scam Prevention Act. Provides that a merchant shall not knowingly sell an open-loop gift card to a consumer unless the merchant satisfies specified requirements. Provides that a third-party gift card reseller that buys or sells an open-loop gift card as part of a transaction occurring in the State shall record and maintain a copy of specified information. Provides for enforcement of the Act by the Attorney General. Effective January 1, 2026.</SynopsisText></synopsis>
<actions>
<statusdate>2/6/2025</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Steve Stadelman</action>
<statusdate>2/6/2025</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/6/2025</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
</actions>
</xml>

