Conn.'s Blumenthal push for gift card protection

Associated Press

Updated: Nov 24, 2012 3:11 PM

HARTFORD, Conn. (AP) — U.S. Sen. Richard Blumenthal is set to unveil legislation that would expand protections offered to gift card consumers, taking a crusade he launched as Connecticut attorney general to the upper chamber of Congress.

Blumenthal on Monday will introduce a bill that would ban gift cards with expiration dates and those that carry fees for failing to use them after one year. The Democrat says the Gift Card Consumer Protection Act would strengthen g laws permitting cards to expire after five years and non-use fees.

The bill would also prevent companies that file for bankruptcy from selling gift cards and require them to accept and honor unredeemed gift cards.

Blumenthal says the measure will eliminate "exploitative expiration dates and petty, underhanded junk fees" that confiscate cash from consumers.

The bill would also prevent loyalty, promotion and award cards from expiring.

 

Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Political Pulse

We welcome your thoughtful comments. Be the first to participate in the discussion. All comments will display your username and avatar.