AN ACT RELATING TO COMMERCIAL LAW -- GENERAL REGULATORY PROVISIONS -- UNFAIR SALES PRACTICES

This bill requires retailers to keep money from gift certificate sales in a separate account until customers use or redeem the certificates. The rule applies to businesses selling gift certificates for their own products but exempts certificates given out for free through loyalty or promotional programs. Once a certificate is fully redeemed, the retailer can move the corresponding funds back to their regular business account. The measure aims to protect consumer funds by ensuring they are set aside before being spent.