Bill Text: CA AB1685 | 2009-2010 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Controller: duties: unclaimed funds.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2010-04-20 - In committee: Set, first hearing. Hearing canceled at the request of author. [AB1685 Detail]

Download: California-2009-AB1685-Introduced.html

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BILL NUMBER: AB 1685	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Jeffries

                        JANUARY 26, 2010

   An act to amend Section 1531.5 of the Code of Civil Procedure,
relating to unclaimed property.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1685, as introduced, Jeffries. Unclaimed property.
   Existing law requires the Controller to establish and conduct a
notification program designed to inform owners about the possible
existence of unclaimed property held by the state.
   This bill would make a technical, nonsubstantive change to this
provision.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 1531.5 of the Code of Civil Procedure is
amended to read:
   1531.5.  (a)  The Controller shall establish and conduct a
notification program designed to inform owners about the possible
existence of unclaimed property received pursuant to this chapter.
   (b)  Any notice sent pursuant to this section shall not contain a
photograph or likeness of an elected official.
   (c)  (1)  Notwithstanding any other law, upon the request of the
Controller, a state or local governmental agency may furnish to the
Controller from its records the address or other identification or
location information that could reasonably be used to locate an owner
of unclaimed property.
   (2)  If the address or other identification or location
information requested by the Controller is deemed confidential under
any laws or regulations of this state, it shall nevertheless be
furnished to the Controller. However, neither the Controller nor any
officer, agent, or employee of the Controller shall use or disclose
that information except as may be necessary in attempting to locate
the owner of unclaimed property.
   (3)  This subdivision shall not be construed to require disclosure
of information in violation of federal law.
   (4)  If a fee or charge is customarily made for the information
requested by the Controller, the Controller shall pay  that
  the  customary fee or charge.
   (d)  Costs for administering this section shall be subject to the
level of appropriation in the annual Budget Act.