Bill Summary for H 182 (2023-2024)

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Summary date: 

Apr 10 2023

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 182 (Public) Filed Wednesday, February 22, 2023
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.

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Bill summary

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.)