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.
This bill would instead make a gift certificate with a cash value of less than $25, rounded to the nearest whole dollar amount, redeemable in cash for its cash value and would require an issuer of gift certificates with a physical location to display at the point-of-sale device a notice of the right of the holder to redeem a gift certificate for cash pursuant to that provision. The bill would expand the definition of "gift certificate" to include electronic gift cards.

Statutes affected:
SB22: 1749.5 CIV
12/02/24 - Introduced: 1749.5 CIV
04/10/25 - Amended Senate: 1749.5 CIV
07/02/25 - Amended Assembly: 1749.45 CIV, 1749.45 CIV, 1749.5 CIV