1. The value or amount does not expire.

2. The value or amount may be decreased only by redemption for merchandise, goods, services, or money.

3. The value or amount may be redeemed for or converted into money or otherwise monetized by the issuer.

(b) “Stored-value card” includes the following:

1. A record that contains or consists of a microprocessor chip, magnetic strip, or other means for the storage of information, that is prefunded and the value or amount of which is decreased on each use and increased by payment of additional consideration.

2. A prepaid commercial mobile radio service, as defined in 47 CFR 20.3, as amended.

(c) “Stored-value card” does not include the following:

1. A payroll card.

2. A loyalty card.

3. A gift card.

4. Game-related digital content.

87,44 Section 44. 177.01 (15) of the statutes is amended to read:

177.01 (15) “Utility" means a person who that owns or operates for public use any plant, equipment, real property, franchise, or license for the transmission of communications or; the production, storage, transmission, sale, delivery, or furnishing of electricity, water, steam, or gas; the provision of sewage or septic services; or the disposal or recycling of trash or garbage.

87,45 Section 45. 177.01 (16) of the statutes is created to read:

177.01 (16) “Virtual currency” means a digital representation of value used as a medium of exchange, unit of account, or store of value that does not have legal tender status recognized by the United States. “Virtual currency" does not include:

(a) The software or protocols governing the transfer of the digital representation of value.

(b) Game-related digital content.

(c) A loyalty card.

(d) A gift card.

87,46 Section 46. 177.01 (17) of the statutes is created to read:

177.01 (17) “Worthless security” means a security for which the cost of liquidation and delivery to the administrator exceeds the value of the security on the date on which a report is due under this chapter.

87,47 Section 47. 177.015 (title) of the statutes is amended to read:

177.015 (title) Exemption Inapplicability to foreign transactions and other exemptions.

87,48 Section 48. 177.015 of the statutes is renumbered 177.015 (1).

87,49 Section 49. 177.015 (2) of the statutes is created to read:

177.015 (2) This chapter does not apply to any of the following:

(a) Property held, due, and owing in a foreign country if the transaction out of which the property arose was a foreign transaction.

(b) Any payment or credit shown on the books and records of a business association owed to another business association in the ordinary course of business.

(c) Property described in s. 20.912 (1).