South Carolina General Assembly
122nd Session, 2017-2018

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Indicates New Matter

S. 1090

STATUS INFORMATION

Senate Resolution
Sponsors: Senator Shealy
Document Path: l:\s-res\ks\065uncl.kmm.ks.docx

Introduced in the Senate on March 6, 2018
Adopted by the Senate on March 20, 2018

Summary: Unclaimed Property Day

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
    3/6/2018  Senate  Introduced (Senate Journal-page 14)
    3/6/2018  Senate  Referred to Committee on Invitations 
                        (Senate Journal-page 14)
   3/15/2018  Senate  Polled out of committee Invitations 
                        (Senate Journal-page 11)
   3/15/2018  Senate  Committee report: Favorable Invitations 
                        (Senate Journal-page 11)
   3/16/2018          Scrivener's error corrected
   3/20/2018  Senate  Adopted (Senate Journal-page 53)

View the latest legislative information at the website

VERSIONS OF THIS BILL

3/6/2018
3/15/2018
3/16/2018

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

POLLED OUT OF COMMITTEE

MAJORITY FAVORABLE

March 15, 2018

S. 1090

Introduced by Senator Shealy

S. Printed 3/15/18--S.    [SEC 3/16/18 2:42 PM]

Read the first time March 6, 2018.

            

THE COMMITTEE ON INVITATIONS

To whom was referred a Senate Resolution (S. 1090) to recognize Thursday, April 19, 2018, as "Unclaimed Property Day" in South Carolina and to urge all citizens to utilize the Office of the State Treasurer's database to search , etc., respectfully

REPORT:

Has polled the Senate Resolution out majority favorable.

A SENATE RESOLUTION

TO RECOGNIZE THURSDAY, APRIL 19, 2018, AS "UNCLAIMED PROPERTY DAY" IN SOUTH CAROLINA AND TO URGE ALL CITIZENS TO UTILIZE THE OFFICE OF THE STATE TREASURER'S DATABASE TO SEARCH FOR UNCLAIMED PROPERTY FOR THEMSELVES, THEIR FRIENDS AND FAMILY, AND THEIR BUSINESSES.

Whereas, the principle that the government may hold unclaimed property for its citizens is based in English common law; and

Whereas, the South Carolina Office of the State Treasurer serves as the custodian for currently more than $550 million in unclaimed funds belonging to citizens and businesses across South Carolina; and

Whereas, the Office of the State Treasurer's Unclaimed Property Program safeguards unclaimed wages, checks, credit balances, bank accounts, utility deposits, insurance proceeds, money orders, traveler's 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 Office of the State Treasurer; and

Whereas, the holding and returning of 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, recognize Thursday, April 19, 2018, as "Unclaimed Property Day" in South Carolina and urge all citizens to utilize the Office of the 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 presented to Curtis M. Loftis, Jr., Treasurer of South Carolina.

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This web page was last updated on March 21, 2018 at 9:02 AM