Mar 2022Leawood, KS – March 2, 2022: The State of New York has introduced a bill which requires gift certificate sellers to provide notice of prepaid card scams at the location where a gift certificate sale occurs. New York Senate Bill 266 (NY SB266) was first introduced on...
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Mar 2022Leawood, KS – February 28, 2022: The State of New York has enacted two bills which prohibit fees and expiration dates on gift cards and gift certificates. Senate Bill S3467B (S3467B) was introduced on January 29, 2021 and signed into law on December 10, 2021. Assembly...
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Mar 2022Leawood, KS – February 28, 2022: The State of Washington has introduced House Bill 1352 (HB 1352) which will establish a task force to increase public awareness and access to unclaimed property. HB 1352 was first introduced on January 10, 2022 and currently resides in...
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Mar 2022Leawood, KS – February 28, 2021: The State of Wisconsin has enacted its version of the Revised Uniform Unclaimed Property Act (RUUPA). Wisconsin Assembly Bill 325 (AB 325) was introduced on May 13, 2021, by Representative August and co-sponsored by Senator Petrowski,...
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Feb 2022Leawood, KS – February 21, 2022: The State of New York has introduced a bill which requires money transmitters to provide consumer warnings. New York Senate Bill 166 (NY SB166) was first introduced on January 6, 2021, passed by the Senate on February 15, 2022. NY...
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Feb 2022Leawood, KS – February 17, 2022: The New York Senate has introduced Assembly Bill 7742 (AB 7742) which will add “virtual currency” to the definition of property subject to reporting requirements for unclaimed property, which shall take effect immediately upon passing....
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Feb 2022Leawood, KS – February 17, 2022: The Colorado State Treasurer has approved Regulation 8 CCR 1508-1 (the Rule) regarding the treatment of unclaimed property. The Rule was adopted on October 11, 2021, and became effective on November 30, 2021. The Rule was approved to...
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Feb 2022Leawood, KS – February 17, 2022: The State of New Jersey has approved Assembly Bill 802 (A802) requiring certain retailers to provide training to employees on how to identify and respond to gift card fraud. A802 was introduced on January 14, 2020 and approved on...
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Feb 2022Leawood, KS – February 14, 2022: Maryland Senate Bill 60 (MD SB60) was introduced by Senator Feldman to the State Senate on January 12, 2022. The proposed bill amends the notice requirements regarding abandoned personal property valued over $1,000. MD SB60 is...
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Feb 2022Leawood, KS – February 14, 2022: On May 20, 2021, Special Master Pierre N. Level, appointed by the U.S. Supreme Court, issued an Interim Report regarding an unclaimed property dispute between states. The State of Pennsylvania filed a lawsuit in February 2016, and was...
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