HOUSE BILL NO. 4599

June 10, 2025, Introduced by Reps. Steckloff, Harris, B. Carter, Rigas, BeGole, Roth, Linting, T. Carter, Bierlein, Schuette, DeBoyer, Tisdel, Aragona, Kunse, Robinson, McFall, Pohutsky, Koleszar, Fitzgerald, Wooden, Foreman, Rheingans, Longjohn, Breen, Arbit, Weiss, Martus, Witwer, Neeley, Tate, O'Neal, Hope, Hoskins, Rogers, Wilson, Morgan, Dievendorf, Byrnes, Glanville, Mueller, Mentzer, Slagh, Outman, Neyer, Frisbie, Prestin, Bohnak, Schmaltz, Wozniak, Meerman, Green and Beson and referred to Committee on Regulatory Reform.

A bill to amend 2012 PA 455, entitled

"Organized retail crime act,"

(MCL 752.1081 to 752.1087) by adding section 3a.

the people of the state of michigan enact:

Sec. 3a. As used in section 4:

(a) "Closed-loop gift card" means a card, code, or device that is issued to a consumer on a prepaid basis primarily for personal, family, or household purposes in a specified amount, regardless of whether the amount may be increased or reloaded in exchange for payment and is redeemable on presentation by a consumer at a single merchant or group of affiliated merchants.

(b) "Gift card" means a physical or digital closed-loop gift card or open-loop gift card that is either activated or inactivated.

(c) "Gift card redemption information" means information unique to each gift card that allows the cardholder to access, transfer, or spend the funds on the gift card.

(d) "Issuer" means a person that issues a gift card or the agent of the person with respect to that gift card.

(e) "Open-loop gift card" means a card, code, or device that is issued to a consumer on a prepaid basis primarily for personal, family, or household purposes in a specified amount, regardless of whether the amount may be increased or reloaded in exchange for payment and is redeemable on presentation at multiple unaffiliated merchants for goods or services within the payment card network.

(f) "Seller" means a merchant that is engaged in the business of selling gift cards to consumers.

(g) "Value" means the greatest amount of economic loss the owner of the property might reasonably suffer including, in the case of a gift card, the full monetary face value or potential value for a variable load gift card.

Enacting section 1. This amendatory act takes effect 90 days after the date it is enacted into law.

Enacting section 2. This amendatory act does not take effect unless House Bill No. 4598 (request no. H02577'25) of the 103rd Legislature is enacted into law.