State Government / California / Legislation / SB 1078
Existing law, commencing April 1, 2026, makes a gift certificate with a cash value of less than $15 redeemable in cash for its cash value. This bill would authorize the issuer of a gift certificate that contains printed language on the certificate stating a cash redemption threshold that is lower than the amount described above to sell the gift certificate until December 31, 2028, if certain requirements are met, including that the gift certificate was manufactured or printed before April 1, 2026, and the issuer of the gift certificate displays at specified point-of-sale devices, a notice stating that a gift certificate with a cash value of less than $15 is redeemable in cash for its cash value, as provided.
Latest development · Sep 8, 2026
Enrolled and presented to the Governor at 4 p.m.
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Primary sponsors are listed before cosponsors and other sponsoring entities.
Newest action first. Action language is supplied by the state source.
Enrolled and presented to the Governor at 4 p.m.
Assembly amendments concurred in. (Ayes 40. Noes 0.) Ordered to engrossing and enrolling.
In Senate. Concurrence in Assembly amendments pending.
Read third time. Passed. Ordered to the Senate.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 10. Noes 0.) (August 27).
Re-referred to Com. on P. & C.P. pursuant to Assembly Rule 77.2.
Ordered to third reading.
Read third time and amended.
Assembly Rule 69(b)(1) suspended. (Ayes 55. Noes 17. Page 6296.)
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 11. Noes 4.) (August 13).
Assembly Rule 63 suspended.
August 5 set for first hearing. Placed on suspense file.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 3.) (June 23). Re-referred to Com. on APPR.
Re-referred to Com. on JUD. pursuant to Assembly Rule 96.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on L. GOV.
Referred to Coms. on L. GOV. and REV. & TAX.
In Assembly. Read first time. Held at Desk.
Read third time. Urgency clause adopted. Passed. (Ayes 29. Noes 9. Page 3916.) Ordered to the Assembly.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 4. Noes 1. Page 3795.) (April 8).
Set for hearing April 8.
From committee: Do pass and re-refer to Com. on REV. & TAX. (Ayes 5. Noes 2. Page 3601.) (March 18). Re-referred to Com. on REV. & TAX.
Set for hearing March 18.
Referred to Coms. on L. GOV. and REV. & TAX.
From printer. May be acted upon on or after March 16.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
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