To amend the effective date of the gift card provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009.
PL 111-209 (H.R.5502), enacted 07/27/2010

124 STAT. 2254 
PUBLIC LAW 111–209—JULY 27, 2010 
Public Law 111–209 
111th Congress 
An Act 
To amend the effective date of the gift card provisions of the Credit Card Account-
ability Responsibility and Disclosure Act of 2009. 
Be it enacted by the Senate and House of Representatives of 
the United States of America in Congress assembled, 
SECTION 1. DELAY OF EFFECTIVE DATE. 
Title IV of the Credit Card Accountability Responsibility and 
Disclosure Act, is amended by striking section 403 and inserting 
the following: 
‘‘SEC. 403. EFFECTIVE DATE. 
‘‘(a) IN GENERAL.—Except as provided under subsection (b) 
of this section, this title and the amendments made by this title 
shall become effective 15 months after the date of enactment of 
this Act. 
‘‘(b) EXCEPTION.— 
‘‘(1) IN GENERAL.—In the case of a gift certificate, store 
gift card, or general-use prepaid card that was produced prior 
to April 1, 2010, the effective date of the disclosure require-
ments described in sections 915(b)(3) and (c)(2)(B) of the Elec-
tronic Funds Transfer Act shall be January 31, 2011, provided 
that an issuer of such a certificate or card shall— 
‘‘(A) comply with paragraphs (1) and (2) of section 
915(b) of such Act; 
‘‘(B) consider any such certificate or card for which 
funds expire to have no expiration date with respect to 
the underlying funds; 
‘‘(C) at a consumer’s request, replace such certificate 
or card that has funds remaining at no cost to the con-
sumer; and 
‘‘(D) comply with the disclosure requirements of para-
graph (2) of this subsection. 
‘‘(2) DISCLOSURE REQUIREMENTS.—The disclosure require-
ments of this subsection are met by providing notice to con-
sumers, via in-store signage, messages during customer service 
calls, Web sites, and general advertising, that— 
‘‘(A) any such certificate or card for which funds expire 
shall be deemed to have no expiration date with respect 
to the underlying funds; 
‘‘(B) consumers holding such certificate or card shall 
have a right to a free replacement certificate or card that 
includes the packaging and materials, typically associated 
with such a certificate or card; and 
Notice. 
Web posting. 
15 USC 1693l–1 
note. 
July 27, 2010 
[H.R. 5502] 
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10:01 Dec 06, 2012
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124 STAT. 2255 
PUBLIC LAW 111–209—JULY 27, 2010 
LEGISLATIVE HISTORY—H.R. 5502: 
CONGRESSIONAL RECORD, Vol. 156 (2010): 
June 14, considered and passed House. 
July 13, considered and passed Senate. 
‘‘(C) any dormancy fee, inactivity fee, or service fee 
for such certificates or cards that might otherwise be 
charged shall not be charged if such fees do not comply 
with section 915 of the Electronic Funds Transfer Act. 
‘‘(3) PERIOD FOR DISCLOSURE REQUIREMENTS.—The notice 
requirements in paragraph (2) of this subsection shall continue 
until January 31, 2013.’’. 
Approved July 27, 2010. 
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