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A07981 Summary:

BILL NOA07981A
 
SAME ASSAME AS S07626-A
 
SPONSORDe Los Santos
 
COSPNSR
 
MLTSPNSR
 
Amd §1402, add §§1423 & 1424, rpld §1419, Ab Prop L; add §664, amd §21, Tax L
 
Enacts the "return abandoned property immediately and direct (R.A.P.I.D.) act"; relates to the return of abandoned property to owners by the state comptroller and the department of taxation and finance; repeals the provision that a holder of abandoned property need not specify certain information identifying the owner of abandoned property amounting to twenty dollars or less when delivering such abandoned property to the state comptroller.
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