Report Title:

Gift Certificates; Full Face Value for 2 Yrs.

Description:

Clarify that gift certificates shall be honored for their full face value for the two-year period after the date of issuance of the certificate.

HOUSE OF REPRESENTATIVES

H.B. NO.

1996

TWENTY-SECOND LEGISLATURE, 2004

 

STATE OF HAWAII

 


 

A BILL FOR AN ACT

 

relating to gift certificates.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

SECTION 1. Section 481B-13, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:

"(a) Any restaurant or person engaged in the business of offering services or goods for sale at retail may allow customers to purchase gift certificates; provided that the certificate issuer shall honor the certificate at the full face value of the certificate for a period of at least two years from the date of issuance."

SECTION 2. New statutory material is underscored.

SECTION 3. This Act shall take effect upon its approval.

INTRODUCED BY:

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