Michigan HB4599 amends definitions related to gift card fraud under organized crime statutes.
Michigan HB4599 amends the definitions related to gift card fraud by clarifying terms such as "gift card redemption information," "issuer," "open-loop gift card," "closed-loop gift card," "gift card," "seller," and "value." This amendment aims to provide a clearer understanding of the terms used in gift card fraud cases, ensuring better enforcement and legal clarity. The changes take effect 90 days after enactment, contingent on the passage of House Bill No. 4598.
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