Issues

Other Business Related Legislation

Position

PASSED- Gift Cards LB668
Prohibits unredeemed gift cards with more than $100 in value - and without any post-sale finance charges or fees - from being presumed abandoned after three years. Cards with no fees or expiration date remain valid forever, while retailers are freed from stringent record keeping. State Chamber Supported.

PASSED- Deceptive Practices LB781
Outlaws fraudulent business practices, including the use of unsolicited promotional or incentive checks that obligate the endorser to pay for goods and services if cashed or deposited. State Chamber Supported.

DEFEATED- Corporate Farm Ban LB1174
Would have revived Nebraska's corporate farm ban by restricting ownership of agricultural land and operations. The U.S. 8th Circuit Court of Appeals ruled in 2007 that the state corporate farm ban violated the federal commerce clause and the Americans with Disabilities Act. State Chamber Opposed.

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