AB752,15,88
(b) “Stored-value card” includes the following:
AB752,15,129
1. A record that contains or consists of a microprocessor chip, magnetic strip,
10or other means for the storage of information, that is prefunded and the value or
11amount of which is decreased on each use and increased by payment of additional
12consideration.
AB752,15,14132. A prepaid commercial mobile radio service, as defined in
47 C.F.R. 20.3, as
14amended.
AB752,15,1515
(c) “Stored-value card” does not include the following:
AB752,15,1616
1. A payroll card.
AB752,15,1717
2. A loyalty card.
AB752,15,1818
3. A gift card.
AB752,15,1919
4. Game-related digital content.
AB752,42
20Section
42. 177.01 (15) of the statutes is amended to read:
AB752,15,2521
177.01
(15) “Utility" means a person
who that owns or operates for public use
22any plant, equipment,
real property, franchise
, or license for the transmission of
23communications
or; the production, storage, transmission, sale, delivery
, or
24furnishing of electricity, water, steam
, or gas
; the provision of sewage or septic
25services; or the disposal or recycling of trash or garbage.
AB752,43
1Section
43. 177.01 (16) of the statutes is created to read:
AB752,16,42
177.01
(16) “Virtual currency” means a digital representation of value used as
3a medium of exchange, unit of account, or store of value that does not have legal
4tender status recognized by the United States. “Virtual currency" does not include:
AB752,16,65
(a) The software or protocols governing the transfer of the digital
6representation of value.
AB752,16,77
(b) Game-related digital content.
AB752,16,88
(c) A loyalty card.
AB752,16,99
(d) A gift card.
AB752,44
10Section
44. 177.01 (17) of the statutes is created to read:
AB752,16,1311
177.01
(17) “Worthless security” means a security for which the cost of
12liquidation and delivery to the administrator exceeds the value of the security on the
13date on which a report is due under this chapter.
AB752,45
14Section
45. 177.015 (title) of the statutes is amended to read:
AB752,16,16
15177.015 (title)
Exemption Inapplicability to foreign transactions and
16other exemptions.
AB752,46
17Section
46. 177.015 of the statutes is renumbered 177.015 (1).
AB752,47
18Section
47. 177.015 (2) of the statutes is created to read:
AB752,16,1919
177.015
(2) This chapter does not apply to any of the following:
AB752,16,2120
(a) Property held, due, and owing in a foreign country if the transaction out of
21which the property arose was a foreign transaction.
AB752,16,2322
(b) Any payment or credit shown on the books and records of a business
23association owed to another business association in the ordinary course of business.
AB752,16,2424
(c) Property described in s. 20.912 (1).
AB752,48
25Section
48. 177.02 of the statutes is repealed.
AB752,49
1Section
49. Subchapter II (title) of chapter 177 [precedes 177.0201] of the
2statutes is created to read: