Funds on hold

    A federal judge has put a temporary stop to New Jersey’s plan to generate up to $80 million from unused gift cards, calling cards and money orders. And it’ll stay that way until a hearing is held.

    Maybe so people can use them to buy a last-minute Gov. Chris Christie gift?

    As part of the state budget, lawmakers passed a bill allowing the state to claim funds from inactive gift cards and other stored-value cards after two years.

    The state can claim funds from inactive travelers’ checks and money orders after three years.

    • WHYY thanks our sponsors — become a WHYY sponsor

    The law was set to go into effect on Nov. 15, but several companies challenged it.

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