Relates to prepaid debit cards

This bill amends New York's General Business Law to require that most prepaid gift cards with a remaining value under $10 be redeemable for cash upon request. It directly affects consumers who hold gift cards with small balances and businesses that issue these cards. The key change lowers the threshold from $5 to $10 for cash redemption, meaning cards with $9.99 balance must now be exchanged for cash. The law takes effect immediately upon enactment.