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MO HB2812

Bill

Status

Introduced

3/15/2016

Primary Sponsor

Sandy Crawford

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Requires the State Treasurer to issue letter rulings providing written interpretations of unclaimed property law for specific facts submitted by applicants

  • Treasurer must respond to letter ruling requests within 60 days and must provide specific reasons if refusing to issue a ruling

  • Good cause for refusal includes requests involving constitutional questions, hypothetical situations, unclear facts, or issues pending in other proceedings

  • Letter rulings bind the Treasurer and successors for 3 years but apply only to the specific applicant who requested the ruling

  • 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

Committee Referrals

Select Committee on Financial Institutions and Taxation4/19/2016
Banking3/30/2016

Full Bill Text

No bill text available