Iowa SF266 establishes penalties for theft, forgery, and fraud involving gift cards.

Iowa SF266 introduces penalties for theft, forgery, and fraud involving gift cards. It classifies using a gift card or gift card redemption information obtained without consent as theft, with penalties varying based on the value of the stolen property. Altering or tampering with a gift card is classified as forgery. The bill also penalizes schemes to obtain gift cards or redemption information through fraudulent means, with penalties based on the value of the involved money or services. The penalties range from serious misdemeanors to class "C" felonies.

Iowa SF266 establishes penalties for theft, forgery, and fraud involving gift cards.

Iowa SF266 introduces penalties for theft, forgery, and fraud involving gift cards. It classifies using a gift card or gift card redemption information obtained without consent as theft, with penalties varying based on the value of the stolen property. Altering or tampering with a gift card is classified as forgery. The bill also penalizes schemes to obtain gift cards or redemption information through fraudulent means, with penalties based on the value of the involved money or services. The penalties range from serious misdemeanors to class "C" felonies.