The ever increasing popularity of gift cards is also increasing legal actions. More states are finding concern over consumer protection on the usage of gift cards. The latest are Nebraska and Iowa.
Nebraska state Senator Carol Hudkins wants to make sure consumers understand fees and expiration dates on gift cards. Some businesses have expirations dates as early as 60 days from purchase. Others have hidden fees.
According to the state treasurer’s office there is only a handful of businesses that routinely turns in unclaimed property. Hudkins wants to change the law so that businesses have an incentive to let customers know what the rules are.
{"id":143,"date":"2006-03-09T11:41:52","date_gmt":"2006-03-09T16:41:52","guid":{"rendered":"http:\/\/www.cashunclaimed.com\/unclaimed-property-blog\/uncategorized\/nebraska-and-iowa-join-other-states-making-laws-about-gift-cards"},"modified":"2006-03-09T11:42:46","modified_gmt":"2006-03-09T16:42:46","slug":"nebraska-and-iowa-join-other-states-making-laws-about-gift-cards","status":"publish","type":"post","link":"https:\/\/www.cashunclaimed.com\/unclaimed-property-blog\/the-government-finance\/nebraska-and-iowa-join-other-states-making-laws-about-gift-cards","title":{"rendered":"Nebraska and Iowa join other state’s making laws about gift cards."},"content":{"rendered":"\n\n\t<\/p>
The ever increasing popularity of gift cards is also increasing legal actions. More states are finding concern over consumer protection on the usage of gift cards. The latest are Nebraska and Iowa.<\/p>\n\n\t
<\/p>
Nebraska state Senator Carol Hudkins wants to make sure consumers understand fees and expiration dates on gift cards. Some businesses have expirations dates as early as 60 days from purchase. Others have hidden fees. <\/p>\n\n\t
<\/p>
According to the state treasurer’s office there is only a handful of businesses that routinely turns in unclaimed property. Hudkins wants to change the law so that businesses have an incentive to let customers know what the rules are.<\/p>\n\n