Iowa HSB181 establishes penalties for theft, forgery, and fraud involving gift cards.

Iowa HSB181 addresses theft, forgery, and fraud involving gift cards. It defines terms such as "gift card," "cardholder," and "gift card redemption information." The bill specifies penalties for acquiring or retaining a gift card without consent, altering or tampering with a gift card, and devising a scheme to obtain a gift card through false pretenses. Penalties range from serious misdemeanors to class "C" felonies, depending on the value of the stolen property or services. The value of retail merchandise received within any six-month period may be aggregated for charging purposes.

Iowa HSB181 establishes penalties for theft, forgery, and fraud involving gift cards.

Iowa HSB181 addresses theft, forgery, and fraud involving gift cards. It defines terms such as "gift card," "cardholder," and "gift card redemption information." The bill specifies penalties for acquiring or retaining a gift card without consent, altering or tampering with a gift card, and devising a scheme to obtain a gift card through false pretenses. Penalties range from serious misdemeanors to class "C" felonies, depending on the value of the stolen property or services. The value of retail merchandise received within any six-month period may be aggregated for charging purposes.