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NJ S1997
Bill
Status
Failed
2/5/2026
Primary Sponsor
Vincent Polistina
Click for details
AI Summary
- Funds remaining in inactive or dormant Internet gaming accounts for three years would be classified as unclaimed property under New Jersey's Uniform Unclaimed Property Act
- Current law allows inactive account funds to be split 50% to the casino licensee and 50% to the casino control fund after a period determined by the Division of Gaming Enforcement
- Casino licensees must attempt to contact account holders by mail, phone, and computer before closing a wagering account
- Amends P.L.2013, c.27 (C.5:12-95.24) governing Internet gaming accounts in New Jersey
Legislative Description
Provides amounts remaining in inactive Internet gaming accounts will be abandoned property after three years under unclaimed property law.
Withdrawn from the Files
Last Action
Withdrawn from Consideration
2/5/2026
Committee Referrals
State Government, Wagering, Tourism & Historic Preservation1/13/2026
Full Bill Text
No bill text available