Enact the Maine Revised Unclaimed Property Act

Last updated: Jun 20, 2019

Details about this bill
Category: Gift Cards
Status: On Governor's Desk
Sponsor: Senator Lisa Keim, Senate 18 - Oxford County
Session: 129
Bill #: LD 1544

Position:

Monitoring.

UPDATE: The committee voted majority Ought to Pass as Amended.

Summary:

This bill repeals Maine's Uniform Unclaimed Property Act and enacts the Maine Revised Unclaimed Property Act. The bill also corrects cross-references.

Please note, this section of law deals with gift cards, loyalty cards and other unclaimed property that can impact retailers. We urge our members to review the legislation.