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Indicates Matter Stricken
Indicates New Matter
S. 1010
STATUS INFORMATION
Senate Resolution
Sponsors: Senator Cromer
Document Path: l:\s-res\rwc\017upp .kmm.rwc.docx
Introduced in the Senate on January 19, 2016
Last Amended on February 11, 2016
Adopted by the Senate on February 11, 2016
Summary: Unclaimed Property Day
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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1/19/2016 Senate Introduced (Senate Journal-page 9)
1/19/2016 Senate Referred to Committee on Invitations
(Senate Journal-page 9)
2/11/2016 Senate Polled out of committee Invitations
2/11/2016 Senate Committee report: Favorable with amendment Invitations
(Senate Journal-page 6)
2/11/2016 Senate Amended (Senate Journal-page 7)
2/11/2016 Senate Adopted (Senate Journal-page 7)
View the latest legislative information at the website
VERSIONS OF THIS BILL
COMMITTEE AMENDMENT AMENDED AND ADOPTED
February 11, 2016
S. 1010
S. Printed 2/11/16--S. [SEC 2/16/16 8:54 AM]
Read the first time January 19, 2016.
TO DECLARE WEDNESDAY, MARCH 9, 2016, AS "UNCLAIMED PROPERTY DAY" 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 government holding unclaimed property for its citizens is based in English Common Law; and
Whereas, the South Carolina Office of State Treasurer serves as the custodian for currently more than $503 million 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 Senate:
That the members of the South Carolina Senate, by this resolution, declare Wednesday, March 9, 2016, as "Unclaimed Property Day" 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 forwarded to Curtis M. Loftis, Jr., Treasurer of South Carolina.
This web page was last updated on Tuesday, February 16, 2016 at 8:54 AM