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MO HB2812
Bill
Status
3/15/2016
Primary Sponsor
Sandy Crawford
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AI Summary
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Requires the State Treasurer to issue letter rulings providing written interpretations of unclaimed property law for specific facts submitted by applicants
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Treasurer must respond to letter ruling requests within 60 days and must provide specific reasons if refusing to issue a ruling
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Good cause for refusal includes requests involving constitutional questions, hypothetical situations, unclear facts, or issues pending in other proceedings
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Letter rulings bind the Treasurer and successors for 3 years but apply only to the specific applicant who requested the ruling
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Letter ruling requests remain confidential, though redacted copies of issued rulings are available to the public
Legislative Description
Requires the State Treasurer to issue letter rulings regarding the administration of the Uniform Disposition of Unclaimed Property Act
Last Action
Voted Do Pass (H)
4/21/2016