Frank J. Mautino
- Democratic
Primary
Amends the Uniform Disposition of Unclaimed Property Act. Provides for confidentiality of information provided to the State Treasurer under the Act. Changes the notice requirements to owners. Provides that proceeds in excess of $2,500,000 from the sale of abandoned property shall be deposited into the State Pension Fund (instead of into a separate trust fund for the payment of claims). Requires any person or company charging a fee for discovering presumptively abandoned property to be a licensed private detective. Effective immediately.
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Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Added Chief Co-Sponsor Rep. Sidney H. Mathias
Assigned to Executive Committee
Filed with the Clerk by Rep. Frank J. Mautino
Referred to Rules Committee
First Reading
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