Bill Summary for H 1126 (2025-2026)

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Summary date: 

Jun 23 2026

Bill Information:

View NCGA Bill Details2025-2026 Session
House Bill 1126 (Public) Filed Wednesday, April 29, 2026
AN ACT TO MAKE ADMINISTRATIVE, TECHNICAL, AND CLARIFYING CHANGES TO THE LAWS RELATED TO THE DEPARTMENT OF STATE TREASURER.
Intro. by Wheatley, Carson Smith.

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Bill summary

Senate amendment to the 4th edition makes the following changes.

Makes organizational changes to Section 5.3 (changes to GS 116B-59, pertaining to notice by holders to apparent owners). Makes Section 5.3 effective on December 1, 2026.

Section 5.4.

Makes the act’s changes to GS 116B-60, report of abandoned property; certification by holders with tax return, effective on December 1, 2026, and applicable to property presumed abandoned on or after that date.