Oregon Buying Itself a Gift Card?
You know that giftcard you got for Christmas that's still sitting in your wallet? And there's, like, $4.38 on it, and you don't want to ...
You know that giftcard you got for Christmas that's still sitting in your wallet? And there's, like, $4.38 on it, and you don't want to be wasteful, so you hang on to it, but really, who can remember they have a $4.38 credit every time they run in to Target?
Well, Oregon wants that $4.38.
Okay, only if you live in Oregon. And only if it's been three years. But state lawmakers are weighing a proposal that would turn unused gift card balances over to the state. The money would be set up in a trust in the cardholder's name, but the state would use the interest from the trust to help fund public schools.
So just think, Oregon shoppers -- every time you spend money off a gift card, you're essentially robbing the state of some public schools funding.
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