CaliforniaGift certificates.
What it does
Existing law provides that a gift certificate, sold after January 1, 1997, is redeemable in cash or subject to replacement with a new gift certificate except that a gift certificate with a cash value of less than $10 is redeemable in cash for its cash value. For purposes of these provisions, existing law defines "gift certificate" to include gift cards.
More detail
This bill would, instead, make a gift certificate with a cash value of less than $15 redeemable in cash for its cash value, exempt from that redemption provision certain gift certificates that are donated to a nonprofit or a charitable organization, as provided, and make these provisions operative on April 1, 2026. The bill would expand the definition of "gift certificate" to include electronic gift cards. The bill would also make conforming changes.
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Where it stands
- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Oct 1Chaptered by Secretary of State. Chapter 207, Statutes of 2025.Latest
- Oct 1Approved by the Governor Gavin Newsom.Became Law
- Sep 23Enrolled and presented to the Governor at 2 p.m.To Governor
- Sep 12Assembly amendments concurred in. (Ayes 37. Noes 0. Page 2964.) Ordered to engrossing and enrolling.Major
- Vote recorded Unfinished Business SB22 Laird Concurrence. Result: pass.Upper
- Sep 12In Senate. Concurrence in Assembly amendments pending.
- Sep 11Read third time. Passed. (Ayes 58. Noes 16. Page 3281.) Ordered to the Senate.Passed Assembly
- Vote recorded SB 22 Laird Senate Third Reading By Bauer-Kahan. Result: pass.Lower
- Sep 2Ordered to third reading.Minor
- Sep 2Read third time and amended.Major
- Jul 3Read second time. Ordered to third reading.Minor
- Jul 2Read second time and amended. Ordered to second reading.Major
- Jul 1From committee: Do pass as amended. (Ayes 9. Noes 4.) (June 24).Major
- Jun 24
- Vote recorded Do pass as amended. Result: pass.Lower
- Jun 9Referred to Com. on P. & C.P.Minor
- Jun 3In Assembly. Read first time. Held at Desk.Minor
- Jun 2Read third time. Passed. (Ayes 27. Noes 10. Page 1384.) Ordered to the Assembly.Passed Senate
- Vote recorded 3rd Reading. Result: pass.Upper
- Apr 21Read second time. Ordered to third reading.Minor
- Apr 10Read second time and amended. Ordered to second reading.Major
- Apr 10From committee: Do pass as amended. (Ayes 11. Noes 2. Page 704.) (April 8).Major
- Apr 8
- Vote recorded Do pass as amended. Result: pass.Upper
- Apr 3Set for hearing April 8.
- Jan 29Referred to Com. on JUD.Minor
- 2024
- Dec 3From printer. May be acted upon on or after January 2.
- Dec 2Introduced. Read first time. To Com. on RLS. for assignment. To print.Introduced