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SB 241

Enacted
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Commercial Law – Abandoned Property – Alterations

Sponsor: Guy Guzzone (District 13)Committee: Budget and TaxationSubject: Commercial Law - GenerallyStatus: Approved by the Governor - Chapter 19 (as of Nov 9, 2023)

What this bill does

Official synopsis

Requiring the Comptroller, as Administrator of abandoned property in the State, to determine the value of certain nonmonetary abandoned property; and authorizing the Administrator, if it is determined the property has no commercial value and need not be offered for sale, to return the property to the holder, destroy the property, or dispose of the property.

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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.

Testimony (6)

MGA witness list
FAV 5FavorableINFO 1Information only
PositionWitnessOrganizationTestimony
FAVHayes, JustinOffice of the ComptrollerOral + Written (PDF)
FAVGorman, DeboraIndividualOral + Written (PDF)
FAVSenator Guzzone, Senator GuzzonelegislatorIndividualOral
FAVSenator Guzzone, Senator GuzzonelegislatorIndividualOral
FAVsermon, kristaIndividualOral
INFOLierman, BrookeOffice of the ComptrollerWritten (PDF)

Organizations on record