NC H692

Requires Division of Motor Vehicles, Department of Revenue, and Employment Security Commission to share information with the State Treasurer by February 1 each year to help locate unclaimed property owners.

Reduces the unclaimed property reporting period for wages from two years to one year after compensation becomes payable.

Exempts holders with cumulative intangible property of $250 or less in a single reporting year from filing reports, unless the value exceeds $250 in subsequent years.

Allows holders to report property under $50 in aggregate without providing individual owner information, while requiring full owner details for property valued at $50 or more.

Changes public sale notice requirements from a single publication three weeks before sale to a minimum of twice-yearly publications in major newspapers across the state's major media markets.