Bill Text: IA HF487 | 2023-2024 | 90th General Assembly | Introduced
Bill Title: A bill for an act relating to the disposition of specified forms of gift certificates referred to as chamber bucks.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-02-28 - Introduced, referred to Local Government. H.J. 438. [HF487 Detail]
Download: Iowa-2023-HF487-Introduced.html
House
File
487
-
Introduced
HOUSE
FILE
487
BY
COLLINS
A
BILL
FOR
An
Act
relating
to
the
disposition
of
specified
forms
of
gift
1
certificates
referred
to
as
chamber
bucks.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
TLSB
2223YH
(2)
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es/rn
H.F.
487
Section
1.
Section
556.9,
subsection
2,
paragraph
c,
Code
1
2023,
is
amended
to
read
as
follows:
2
c.
For
purposes
of
this
section
,
“gift
certificate”
means
a
3
merchandise
certificate
or
electronic
gift
card
conspicuously
4
designated
as
a
gift
certificate
or
electronic
gift
card,
and
5
generally
purchased
by
a
buyer
for
use
by
a
person
other
than
6
the
buyer.
“Gift
certificate”
includes
chamber
bucks.
7
Sec.
2.
Section
556.9,
subsection
2,
Code
2023,
is
amended
8
by
adding
the
following
new
paragraph:
9
NEW
PARAGRAPH
.
d.
For
purposes
of
this
section,
“chamber
10
bucks”
means
a
gift
certificate
offered
for
purchase
through
11
a
local
chamber
of
commerce
that
can
be
redeemed
by
a
12
participating
local
business
within
the
area
where
the
chamber
13
of
commerce
is
located.
14
EXPLANATION
15
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
16
the
explanation’s
substance
by
the
members
of
the
general
assembly.
17
This
bill
relates
to
the
disposition
of
specified
forms
of
18
gift
certificates
referred
to
as
chamber
bucks.
19
The
bill
defines
“chamber
bucks”
to
mean
a
gift
certificate
20
for
merchandise
as
defined
in
Code
section
556.9
that
is
21
purchased
through
a
chamber
of
commerce
for
redemption
in
the
22
participating
local
business
community.
As
a
form
of
gift
23
certificate,
chamber
bucks
will
be
subject
to
the
provisions
of
24
Code
section
556.9,
subsection
2,
regarding
gift
certificate
25
redemption
timelines.
26
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