House committee substitute to the 1st edition makes the following changes. Amends GS 7A-307 (pertaining to fee waivers for certain properties held the in escheat fund) to specify that fees can only be waived upon application of the affiant. (Was, just specified that fees were waived without any mention of application.) Amends the second finding required for a waiver to specify that the sole source of the assets of the estate is held in the Escheat Fund. (Previously just referred to the property being held in the Escheat Fund.)
ESCHEAT FUND FEE WAIVER.-AB
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| View NCGA Bill Details | 2023-2024 Session |
AN ACT TO WAIVE FEES FOR CERTAIN PROPERTIES HELD IN THE ESCHEAT FUND, AS RECOMMENDED BY THE DEPARTMENT OF STATE TREASURER.Intro. by Hardister, Rudow, Carson Smith.
Status: Re-ref Com On Finance (House action) (Apr 10 2023)
Bill History:
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Wed, 22 Feb 2023 House: Filed
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Mon, 27 Feb 2023 House: Passed 1st Reading
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Mon, 10 Apr 2023 House: Reptd Fav Com Substitute
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Mon, 10 Apr 2023 House: Re-ref Com On Finance
H 182
Bill Summaries:
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Bill H 182 (2023-2024)Summary date: Apr 10 2023 - View Summary
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Bill H 182 (2023-2024)Summary date: Feb 22 2023 - View Summary
As title indicates, amends GS 7A-307(b) (governing collections of personal property by affidavit filed in court) by setting forth facility and specified amount of court fee waiver requirements when: (1) the amount to be collected is $5,000 or less and (2) the property is held in the Escheat Fund pursuant to Article 1A of GS Chapter 116B. Effective January 1, 2024, and applies to petitions filed on or after that date.
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