Gift Card Cash Out Requirement: More than Doubling?
APRIL 15, 2024

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Gift Card Cash Out Requirement: More than Doubling?

SB 1272 would effectively convert gift cards into generic cash cards, causing businesses to provide cash for any request of $25 or less. This could result in you needing to keep much more cash on hand – which is a security risk in today’s world. The CRA will ask you to contact your lawmakers in the coming weeks to help fight against SB 1272. Sabrina provides further details on what it could mean for your restaurant in this week’s News You Need to Know.