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A bill to be entitled

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An act relating to gift certificates; amending s. 501.95,

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F.S.; clarifying that the term "gift certificate" does not

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include discount or promotional coupons for purposes of a

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provision prohibiting gift certificates having expiration

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dates; providing an effective date.

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Be It Enacted by the Legislature of the State of Florida:

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     Section 1.  Paragraph (b) of subsection (1) of section

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501.95, Florida Statutes, is amended to read:

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     501.95  Gift certificates and credit memos.--

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     (1)  As used in this section, the term:

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     (b)  "Gift certificate" means a certificate, gift card,

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stored value card, or similar instrument issued in exchange for

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monetary consideration when the certificate, card, or similar

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instrument is redeemable for merchandise, food, or services

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regardless of whether any cash may be paid to the owner of the

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certificate, card, or instrument as part of the redemption

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transaction, but this term shall not include discount or

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promotional coupons or tickets as specified in s. 717.1355.

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     Section 2.  This act shall take effect July 1, 2008.