The bill establishes regulations for the sale, use, and destruction of abandoned, stolen, and unclaimed property specifically by the Etowah County Drug Enforcement Unit. It mandates that the unit maintain detailed records of all recovered property, including descriptions and identifying numbers, which must be open to public inspection. The unit is authorized to sell unclaimed property at public auctions, including online, after a minimum holding period of six months. Special provisions are included for firearms, requiring the auctioneer to hold a federal firearm license and comply with federal transfer laws. Additionally, the bill outlines the notification process for auctions and allows for immediate sale of perishable items without notice.
Proceeds from the sale of abandoned or stolen property must be held in a separate account for six months, during which the rightful owner can claim the funds after proving ownership. If unclaimed after this period, the net proceeds will be transferred to the Drug Enforcement Forfeiture Account for law enforcement purposes. The bill also allows the drug enforcement unit to use or destroy unclaimed firearms after six months if deemed unsafe or unlawful. The act is set to take effect on October 1, 2025, and applies to any property held on or after that date.