SB 1198 – Fraudulent Use of Gift Cards
On Wednesday, April 9, SB 1198 by Senator Nick DiCeglie (R-Indian Rocks Beach) was read for a third time on the Senate Floor and was reported favorably with 37 yeas and 0 nays.
This bill establishes criminal penalties for those who illegally obtain,
tamper with, or misuse gift cards sold by a business. There is a rising rate in the illegal use of gift cards in retail and online businesses that is costing Florida businesses millions. The penalties for fraudulently using gift cards would be a misdemeanor for all offenses under $750 in damages and a felony for offenses above $750 in damages.
SB 1198 will now go to the Florida House for consideration.
AIF supports legislation that deters criminal acts against Florida businesses by establishing criminal penalties for those who commit them.