Bill Summary for S 73 (2021-2022)

Summary date: 

Feb 9 2021

Bill Information:

View NCGA Bill Details2021-2022 Session
Senate Bill 73 (Public) Filed Tuesday, February 9, 2021
AN ACT ELIMINATING THE SUNSET PROVISION FOR STREAMLINED PROPERTY CLAIMS.
Intro. by Davis, Johnson, Burgin.

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Bill summary

Section 2.6 of SL 2020-80 temporarily amends GS 116B-67 until March 15, 2021, to change claim and verification procedures for the Office of State Treasurer by allowing claims of less than $250 to be paid from the Escheat Fund with a statutory presumption that the claimant has indemnified the State. Eliminates the March 15, 2021, sunset provision set out in Section 2.6 of SL 2020-80, thereby making the changes permanent.

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