Establishes the offense of gift card fraud

HB 1990 creates a new criminal offense for gift card fraud in Missouri by defining "closed-loop gift cards" (cards issued for personal use at specific merchants) and establishing penalties for fraudulently obtaining or using them. The bill directly affects individuals who commit this fraud and provides clearer legal definitions for law enforcement and courts. Key provisions include defining terms like "adulterated" and "deceive" to clarify the offense, while focusing specifically on closed-loop gift cards rather than general payment methods. This replaces an existing statute to address gaps in current law regarding gift card theft and fraud. The bill does not alter penalties for other fraud types but creates a distinct legal framework for gift card-related offenses.