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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 $15 redeemable in cash for its cash value, exempt from that redemption provision certain gift certificates that are donated to a nonprofit or a charitable organization, as provided, and make these provisions operative on April 1, 2026. The bill would expand the definition of "gift certificate" to include electronic gift cards. The bill would also make conforming changes.
Introduced
Dec 2, 2024
Last Action
Oct 1, 2025
Session
CA 20252026
Sponsors
1 primary · 0 co
Chaptered by Secretary of State. Chapter 207, Statutes of 2025.
Approved by the Governor.
Enrolled and presented to the Governor at 2 p.m.
Assembly amendments concurred in. (Ayes 37. Noes 0. Page 2964.) Ordered to engrossing and enrolling.
In Senate. Concurrence in Assembly amendments pending.
Read third time. Passed. (Ayes 58. Noes 16. Page 3281.) Ordered to the Senate.
Ordered to third reading.
Read third time and amended.
Read second time. Ordered to third reading.
Read second time and amended. Ordered to second reading.
From committee: Do pass as amended. (Ayes 9. Noes 4.) (June 24).
Referred to Com. on P. & C.P.
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 27. Noes 10. Page 1384.) Ordered to the Assembly.
Read second time. Ordered to third reading.
Read second time and amended. Ordered to second reading.
From committee: Do pass as amended. (Ayes 11. Noes 2. Page 704.) (April 8).
Set for hearing April 8.
Referred to Com. on JUD.
From printer. May be acted upon on or after January 2.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Chaptered by Secretary of State. Chapter 207, Statutes of 2025.