Enact the Maine Revised Unclaimed Property Act
| Category: | Gift Cards |
|---|---|
| Status: | Passed |
| Sponsor: | Senator Lisa Keim, Senate 18 - Oxford County |
| Session: | 129 |
| Bill #: | LD 1544 |
Position:
Monitoring.
UPDATE: Governor Mills has signed this bill into law.
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.