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Arkansas General Assembly· SB 302Notification that SB302 is now Act 659

An act TO CREATE THE CRIMINAL OFFENSE OF GIFT CARD 10 FRAUD, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Arkansas General Assembly, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
Stricken language would be deleted from and underlined language would be added to present law.

1 State of Arkansas             As Engrossed: S3/11/25
2 95th General Assembly
                                      A Bill

3 Regular Session, 2025                                            SENATE BILL 302

4

5 By: Senator Gilmore

6 By: Representative Beaty Jr.

7

8                               For An Act To Be Entitled

9            AN ACT TO CREATE THE CRIMINAL OFFENSE OF GIFT CARD

10           FRAUD; TO DECLARE AN EMERGENCY; AND FOR OTHER

11           PURPOSES.

12

13

14                                    Subtitle

15                       TO CREATE THE CRIMINAL OFFENSE OF GIFT

16                       CARD FRAUD; AND TO DECLARE AN EMERGENCY.

17

18 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:

19

20 SECTION 1. Arkansas Code Title 5, Chapter 37, Subchapter 2, is amended to

21 add an additional section to read as follows:

22      5-37-229. Gift card fraud -- Definitions.

23      (a) As used in this section:

24           (1) "Card holder" means a person who receives a gift card

25 through a purchase or a gift;

26           (2) "Card issuer" means a person or agent of the person that

27 issues a gift card;

28           (3) "Gift card" means a physical or electronic payment device

29 that is:

30                       (A) Usable at a single merchant or affiliated group of

31 merchants that share the same name, mark, or logo;

32                       (B) Issued in a specified amount and may be increased in

33 value or reloaded;

34                       (C) Purchased on a prepaid basis in exchange for payment;

35 and

36                       (D) Honored upon presentation by the card holder to a

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    As Engrossed: S3/11/25                                                   SB302

1 single merchant or affiliated group of merchants for goods or services;

2   (4) "Gift card redemption information" means any numeric codes

3 specific to the activation or redemption of a gift card; and

4   (5) "Value" means the greatest amount of economic loss the owner

5 of a gift card could reasonably suffer including without limitation the full

6 monetary face value or potential value for a variable load gift card.

7   (b) A person commits the offense of gift card fraud if he or she:

8   (1) With purpose to defraud, acquires or retains possession of a

9 gift card or gift card redemption information with the purpose of depriving

10 the owner of property;

11  (2) Obtains by deception a gift card or gift card redemption

12 information from a card holder or card issuer with the purpose of depriving

13 the owner of property;

14  (3) Knowingly uses a gift card or gift card redemption

15 information that has been obtained in violation of subdivision (b)(1) or

16 (b)(2) of this section for the purpose of obtaining money, goods, services,

17 or anything else of value.

18  (c) Gift card fraud is a:

19  (1) Class B felony if:

20  (A) The value of a gift card or gift card redemption

21 information is twenty-five thousand dollars ($25,000) or more; or

22  (B) The aggregate value of one (1) or more gift cards or

23 gift card redemption information obtained through multiple violations of

24 subsection (b) of this section within one hundred twenty (120) days is

25 twenty-five thousand dollars ($25,000) or more;

26  (2) Class C felony if:

27  (A) The value of a gift card or gift card redemption

28 information is less than twenty-five thousand dollars ($25,000) but more than

29 five thousand dollars ($5,000); or

30  (B) The aggregate value of one (1) or more gift cards or

31 gift card redemption information acquired, retained, obtained, or used in

32 violation of subsection (b) of this section within one hundred twenty (120)

33 days is less than twenty-five thousand dollars ($25,000) but more than five

34 thousand dollars ($5,000);

35  (3) Class D felony if:

36  (A) The value of a gift card or gift card redemption

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    As Engrossed: S3/11/25                                                  SB302

1 information is less than five thousand dollars ($5,000) but more than one

2 thousand dollars ($1,000); or

3               (B) The aggregate value of one (1) or more gift cards or

4 gift card information acquired, retained, obtained, or used in violation of

5 subsection (b) of this section within one hundred twenty (120) days is less

6 than five thousand dollars ($5,000) but more than one thousand dollars

7 ($1,000); or

8            (4) Class A misdemeanor if:

9               (A) The value of a gift card or gift card information is

10 less than one thousand dollars ($1,000); or

11              (B) The aggregate value of one (1) or more gift cards or

12 gift card information acquired, retained, obtained, or used in violation of

13 subsection (b) of this section within one hundred twenty (120) days is less

14 than one thousand dollars ($1,000).

15

16  SECTION 2. EMERGENCY CLAUSE. It is found and determined by the

17 General Assembly of the State of Arkansas that gift card fraud is a pervasive

18 problem in the state; that businesses and consumers suffer the economic

19 consequences of such crimes; and that this act is immediately necessary to

20 provide a deterrent against gift card fraud and protect the economy of the

21 state. Therefore, an emergency is declared to exist, and this act being

22 immediately necessary for the preservation of the public peace, health, and

23 safety shall become effective on:

24           (1) The date of its approval by the Governor;

25           (2) If the bill is neither approved nor vetoed by the Governor,

26 the expiration of the period of time during which the Governor may veto the

27 bill; or

28           (3) If the bill is vetoed by the Governor and the veto is

29 overridden, the date the last house overrides the veto.

30

31                                    /s/Gilmore

32

33

34

35

36

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