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2016 SESSION
HB 366 Disposition of unclaimed property; intangible property held by locality.
Introduced by: Glenn R. Davis | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Disposition of unclaimed property held by locality. Limits the duty of a county, city, or town to report and remit abandoned intangible property by providing that intangible property that is held by a locality for the owner and that has remained unclaimed by the owner for more than one year after it became payable is presumed abandoned only if its value exceeds $25.
FULL TEXT
HISTORY
- 01/05/16 House: Prefiled and ordered printed; offered 01/13/16 16102440D
- 01/05/16 House: Referred to Committee on General Laws
- 01/18/16 House: Assigned GL sub: Subcommittee #1
- 02/09/16 House: Subcommittee recommends striking from docket by voice vote
- 02/11/16 House: Stricken from docket by General Laws by voice vote