This bill modifies provisions related to unclaimed property.
This bill:
- provides for the State Tax Commission to share certain identifying information with the unclaimed property administrator for purposes of returning unclaimed property;
- modifies dates on which unclaimed property held in certain tax-deferred and tax-exempt accounts is presumed abandoned;
- provides for the filing of single claim by multiple claimants for the unclaimed property of a decedent;
- establishes filing requirements for a claim that involves unclaimed property of a decedent; and
- makes technical changes.

Statutes affected:
Introduced: 59-1-403
Substitute #1: 59-1-403