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A PRE-HOLIDAY On June 28, 2007 Governor Charlie Crist signed into law Senate Bill 1638 as Florida Statute Section 501.95, “Relating to Gift Certificates and similar Credit Items”. In essence the law states that any Gift Certificate or similar credit item that is sold CANNOT carry an EXPIRATION DATE. There are a few exceptions, but they basically relate to freebees given to garner additional business, or those offered by financial institutions in the process of carrying out their daily business activities. In addition. the law prohibits the charging of FEES by the provider for gift certificates that are redeemed. Service, dormancy, administration, account maintenance or cash-out fees are expressly prohibited. For a more detailed explanation of this new law, read Senate Bill 1638 and Senate Bill 1638er to review a summary of the exceptions or to read the law in its entirety. With the holiday season now upon us, your FSMTA Board and Lobby Team wanted to remind and inform you of this change to an important segment of the business of massage. If you should have any questions concerning this issue, please contact me at anytime. Ron Frers, BS, ASS, LMT |
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