The bill introduces a new section, 817.091, to the Florida Statutes, which addresses the fraudulent use of gift cards. It defines key terms such as "cardholder," "card issuer," "gift card," "gift card redemption information," "gift card seller," and "value." The bill establishes that it is unlawful for individuals to engage in various fraudulent activities related to gift cards, including acquiring or retaining possession of a gift card without consent, altering or tampering with a gift card, devising schemes to obtain gift card information through deceit, and using such information for unlawful purposes.

The legislation outlines criminal penalties for violations, categorizing them as misdemeanors or felonies depending on the circumstances. A first-time violation is classified as a misdemeanor of the first degree, while repeat offenders or those whose actions result in a value exceeding $750 face felony charges of the third degree. Additionally, the bill allows for the aggregation of values from multiple violations to determine the severity of the offense. The act is set to take effect on October 1, 2025.