S172: ABC Stores/Allow Sale of Gift Cards. Latest Version

Session: 2023 - 2024

Senate
Passed 1st Reading
Rules


AN ACT to authorize abc stores to sell gift cards.



The General Assembly of North Carolina enacts:



SECTION 1.  G.S. 18B‑800 reads as rewritten:



§ 18B‑800.  Sale of alcoholic beverages in ABC stores.





(b1)      Gift Cards. – An ABC store may sell gift cards to redeem for alcoholic beverages sold in its store. An ABC store may accept for redemption a gift card sold by an ABC store under the jurisdiction of a different local board if the respective local boards have entered into a written agreement allowing this type of transaction. Gift cards sold under this subsection may not be redeemed by persons under 21 years of age. For purposes of this subsection, the term gift card means a record evidencing a promise, made for monetary consideration, by a seller or issuer that goods will be provided to the owner of the record to the value shown in the record. A gift card includes a record that contains a microprocessor chip, magnetic strip, or other storage medium that is prefunded and for which the value is adjusted upon each use, a gift certificate, a stored value card or certificate, or a store card.



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SECTION 2.  This act is effective when it becomes law.