Bill Summary for H 257 (2013-2014)

Summary date: 

Jun 25 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 257 (Public) Filed Wednesday, March 6, 2013
A BILL TO BE ENTITLED AN ACT TO AMEND THE STATUTES GOVERNING THE ESCHEAT FUND TO PROTECT THE PRIVACY OF INFORMATION COLLECTED FOR THE PROCESS OF PAYING CLAIMS; TO ELIMINATE THE FEE PAID BY HOLDERS FOR FILING AN EXTENSION REQUEST; TO REDUCE THE AMOUNT OF PAPERWORK REQUIRED BY HOLDERS; AND TO IMPROVE THE EFFICIENCY AND EFFECTIVENESS OF PROCESSING HOLDER REPORTS.
Intro. by Hurley.

View: All Summaries for BillTracking:

Bill summary

Senate committee substitute to the 1st edition makes the following changes. Deletes the existing law and proposed changes in GS 116B-6(i) and instead requires the State Treasurer to maintain the records it receives from holders who report unclaimed property according to GS 116B-60. Limits the information that may be subject to public inspection to the information the State Treasurer is required to annually submit to the clerks of superior court. Changes the effective date of the act from July 1, 2013, to when the act becomes law.

© 2021 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.

Printer-friendly: Click to view