SB2506 — Consumer Protection - As introduced, makes various changes to state law related to gift certificates, such as requiring certain gift certificates to have longer expiration dates; prohibiting dormancy or inactivity fees; and authorizing activation or issuance fees up to certain limits. - Amends TCA Title 47 and Title 66.

SB2506 — Consumer Protection - As introduced, makes various changes to state law related to gift certificates, such as requiring certain gift certificates to have longer expiration dates; prohibiting dormancy or inactivity fees; and authorizing activation or issuance fees up to certain limits. - Amends TCA Title 47 and Title 66. · Informed CitizenrySB2506 amends Tennessee law regarding gift certificates, including prepaid debit cards used as gift cards or stored value cards. The bill prohibits issuers from charging dormancy, latency, or inact…Open in Informed Citizenry