AN ACT CONCERNING A STUDY OF WHETHER UNCLAIMED GIFT CERTIFICATES SHOULD BE CONSIDERED ABANDONED PROPERTY.

Summary

The bill orders Connecticut’s Treasurer to examine whether the balances on unclaimed gift certificates should be transferred to the state as abandoned property after a set period. A report of the study must be delivered by January 1, 2027 to the joint committee that oversees government administration. The results could prompt changes to state law on unclaimed consumer funds.

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