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1996 SESSION

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HB 1177 Unclaimed property.

Introduced by: Leo C. Wardrup, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Unclaimed property. Limits the time during which the State Treasurer may examine the records of the holder of unclaimed property to five years after the holder's current tax year. Currently there is no limit on the time when such an investigation may be initiated. The bill also shortens from 10 years to five years (plus the remainder of the tax year) the period during which the holder of unclaimed property must maintain records thereon.

FULL TEXT

• 01/22/96  House: Presented & ordered printed 962080483  pdf

HISTORY

• 01/22/96  House: Presented & ordered printed 962080483
• 01/22/96  House: Referred to Committee for Courts of Justice
• 01/26/96  House: Reported from Courts of Justice (22-Y 0-N)
• 01/26/96  House: Referred to Committee on General Laws
• 02/01/96  House: Reported from General Laws (22-Y 0-N)
• 02/01/96  House: Referred to Committee on Corporations, Insurance and Banking
• 02/06/96  House: Continued to 1997 in C. I. B. (22-Y 0-N)