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CT HB05096

Bill

Official Source

Status

Introduced

2/9/2016

Primary Sponsor

Vincent Candelora

Click for details

Origin

House of Representatives

2016 General Assembly

AI Summary

  • Amends Connecticut General Statutes section 3-57a to extend the escheatment period for funds from three years to seven years
  • Modifies the state budget for the biennium ending June 30, 2017 to reflect the extended escheatment timeline
  • Extends the time period before unclaimed funds are deemed to have escheated (reverted) to state ownership
  • Referred to the Committee on Finance, Revenue and Bonding during the February 2016 legislative session

Legislative Description

An Act Concerning The Time Period For Funds To Escheat To The State.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/9/2016

Committee Referrals

Finance, Revenue and Bonding2/9/2016

Full Bill Text

No bill text available