South Carolina General Assembly
122nd Session, 2017-2018

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S. 466

STATUS INFORMATION

Senate Resolution
Sponsors: Senator Shealy
Document Path: l:\s-res\ks\019uncl.kmm.ks.docx

Introduced in the Senate on February 23, 2017
Currently residing in the Senate Committee on Finance

Summary: Unclaimed Property Day

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
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   2/23/2017  Senate  Introduced (Senate Journal-page 9)
   2/23/2017  Senate  Referred to Committee on Finance (Senate Journal-page 9)

View the latest legislative information at the website

VERSIONS OF THIS BILL

2/23/2017

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

A SENATE RESOLUTION

TO DECLARE WEDNESDAY, MARCH 8, 2017 AS "UNCLAIMED PROPERTY DAY" AND TO URGE ALL CITIZENS TO UTILIZE THE DATABASE OF THE OFFICE OF THE STATE TREASURER TO SEARCH FOR UNCLAIMED PROPERTY FOR THEMSELVES, THEIR FRIENDS AND FAMILIES, AND THEIR BUSINESSES.

Whereas, the principle behind the government's holding of citizens' unclaimed property has its basis 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 State Treasurer's Office's Unclaimed Property Program safeguards unclaimed wages, checks, credit balances, bank accounts, utility deposits, insurance proceeds, money orders, travelers' checks, and stocks and dividends; and

Whereas, the rightful owners of unclaimed property, or their heirs, always have the right to claim property that is held in custody by the State Treasurer's Office; and

Whereas, holding and returning 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, declare Wednesday, March 8, 2017 as "Unclaimed Property Day" and urge all citizens to utilize the database of the Office of the State Treasurer to search for unclaimed property for themselves, their friends and families, 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 February 27, 2017 at 3:54 PM