South Carolina General Assembly
122nd Session, 2017-2018

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H. 5071

STATUS INFORMATION

House Resolution
Sponsors: Reps. Gagnon and Henegan
Document Path: l:\council\bills\gm\25167cm18.docx

Introduced in the House on March 7, 2018
Adopted by the House on March 7, 2018

Summary: Unclaimed Property Day

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
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    3/7/2018  House   Introduced and adopted (House Journal-page 7)

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VERSIONS OF THIS BILL

3/7/2018

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A HOUSE RESOLUTION

TO DECLARE THURSDAY, APRIL 19, 2018, AS "UNCLAIMED PROPERTY DAY" IN SOUTH CAROLINA AND, IN DOING SO, URGE ALL CITIZENS TO UTILIZE THE OFFICE OF STATE TREASURER'S DATABASE TO SEARCH FOR UNCLAIMED PROPERTY FOR THEMSELVES, THEIR FRIENDS AND FAMILY, AND THEIR BUSINESSES.

Whereas, the principle of holding unclaimed property for citizens by their government is based in English Common Law; and

Whereas, the South Carolina Office of State Treasurer serves as the custodian for currently more than five hundred fifty million dollars in unclaimed funds belonging to citizens and businesses across South Carolina; and

Whereas, the State Treasurer's Office Unclaimed Property Program safeguards unclaimed wages, checks, credit balances, bank accounts, utility deposits, insurance proceeds, money orders, travelers checks, and stocks and dividends; and

Whereas, rightful owners of unclaimed property, or their heirs, always have the right to claim property that is held in custody by the State Treasurer's Office; and

Whereas, holding and returning unclaimed property to the citizens and businesses of South Carolina is an important function of state government. Now, therefore,

Be it resolved by the House of Representatives:

That the members of the South Carolina House of Representatives, by this resolution, declare Thursday, April 19, 2018, as "Unclaimed Property Day" in South Carolina and, in so doing, urge all citizens to utilize the Office of State Treasurer's database to search for unclaimed property for themselves, their friends and family, and their businesses.

Be it further resolved that a copy of this resolution be presented to Curtis M. Loftis, Jr., Treasurer of South Carolina.

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This web page was last updated on March 9, 2018 at 11:12 AM