Illinois SB 1757: CONSUMER FRAUD-GIFT CREDIT

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
SB1757

Introduced 2/5/2025, by Sen. Rachel Ventura 

SYNOPSIS AS INTRODUCED:

815 ILCS 505/2SS

 Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that any gift certificate issued on or after the effective date of the amendatory Act shall be redeemable in cash for its cash value.

LRB104 06341 SPS 16376 b

A BILL FOR

SB1757LRB104 06341 SPS 16376 b

1 AN ACT concerning business.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Consumer Fraud and Deceptive Business 

5Practices Act is amended by changing Section 2SS as follows:

6 (815 ILCS 505/2SS)

7 Sec. 2SS. Gift certificates.

8 (a) "Gift certificate" means a record evidencing a 

9promise, made for consideration, by the seller or issuer of 

10the record that goods or services will be provided to the 

11holder of the record for the value shown in the record and 

12includes, but is not limited to, a record that contains a 

13microprocessor chip, magnetic stripe or other means for the 

14storage of information that is prefunded and for which the 

15value is decremented upon each use, a gift card, an electronic 

16gift card, stored-value card or certificate, a store card or a 

17similar record or card. "Gift certificate" also includes a 

18credit slip issued by a store to a consumer who returns goods 

19that enables the consumer to receive other goods of similar 

20value in exchange for the returned goods. For purposes of this 

21Act, the term "gift certificate" does not include any of the 

22following:

23 (i) prepaid telecommunications and technology cards 

SB1757- 2 -LRB104 06341 SPS 16376 b

1 including, but not limited