Introduced by Rep. Michael Webber R-Rochester on January 16, 2020
To revise details of an ”escheats law” that lets the state government take possession of unclaimed property if an owner does not claim it within three years. The bill would expand the information a state administrator must provide to locator services who contract with owners to find and claim property, and would also require rather than allow the administrator to make this information available to bona fide locator services. Official Text and Analysis.
Referred to the House Regulatory Reform Committee on January 16, 2020
Reported in the House on May 19, 2020
Refer to the Committee on Ways and Means.
Referred to the House Ways and Means Committee on May 19, 2020
Reported in the House on May 27, 2020
Without amendment and with the recommendation that the bill pass.