SB 24 - Requires Automatic Return of Unclaimed Property - Pennsylvania Key Vote

Stage Details

Title: Requires Automatic Return of Unclaimed Property

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Title: Requires Automatic Return of Unclaimed Property

Highlights:

  • Specifies that the State Treasurer may pay or deliver any property paid or delivered to the Commonwealth under this article, or the proceeds from the sale of the property, to a person if the State Treasurer finds that a report identifies the person as the sole owner of the property and the value of the property or proceeds is less than $500 (Sec. 1).

  • Specifies that the provisions of this bill shall become effective immediately upon passage and approval by the Governor (Sec. 2).

Title: Requires Automatic Return of Unclaimed Property

Title: Requires Automatic Return of Unclaimed Property

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