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AZ HB2375

Bill

Official Source

Status

Introduced

1/18/2012

Primary Sponsor

Eddie Farnsworth

Click for details

Origin

House of Representatives

Fiftieth Legislature - Second Regular Session (2012)

AI Summary

  • Amends Arizona Revised Statutes section 12-886 regarding claims to proceeds from the sale of escheated property.
  • Changes gender-specific language from "he" to "the person" in statute text.
  • Removes the seven-year deadline for filing claims with the Department of Revenue for proceeds from escheated property sales.
  • Allows heirs, devisees, or absent owners (absent for five years) to file claims to escheated property proceeds with the Department of Revenue using a prescribed form.

Legislative Description

Escheated property; proceeds; claim

Last Action

Referred to House JUD Committee

1/19/2012

Full Bill Text

No bill text available