Local Politics

Bill Would Bar Balance-Sapping Fees on Gift Cards

Posted 2007-03-30T01:10:44+00:00 - Updated 2007-03-30T01:10:43+00:00

State lawmakers are targeting fees that can accrue to gift cards that are bought and go unused for a while.

A new bill in the General Assembly would prohibit companies from tacking on so-called maintenance fees.

Some stores and others automatically deduct the fee from the balance if the card isn't used within a certain amount of time, eventually running the balance down to zero.

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