CONS FRAUD ACT-GIFT CER EXPIR House SponsorsRep. Eileen Lyons 1/9/2007HouseSession Sine Die 815 ILCS 505/2SS Amends the Consumer Fraud and Deceptive Business Practices Act. Provides that no person shall: (1) refuse to honor a valid gift certificate; (2) reduce the value of a gift certificate, except when the holder of a gift certificate partially redeems the gift certificate as payment for goods or services; or (3) sell a gift certificate that is subject to an expiration date. Provides that upon the presentation of a gift certificate, the issuer shall disclose to the holder the date on which the gift certificate was issued and the remaining balance of the gift certificate. Deletes language requiring a gift certificate subject to an expiration date to contain a statement clearly and conspicuously printed on the gift certificate stating the expiration date. Makes other changes. 9/20/2005HouseFiled with the Clerk by Rep. Eileen Lyons 10/19/2005HouseFirst Reading 10/19/2005HouseReferred to Rules Committee 1/9/2007HouseSession Sine Die