California Assembly Bill AB1685 Latest Draft

 BILL NUMBER: AB 1685AMENDED BILL TEXT AMENDED IN ASSEMBLY APRIL 8, 2010 INTRODUCED BY Assembly Member Jeffries JANUARY 26, 2010  An act to amend Section 1531.5 of the Code of Civil Procedure, relating to unclaimed property.   An act to add Section 12420 to the Government Code, relating to unclaimed funds.  LEGISLATIVE COUNSEL'S DIGEST AB 1685, as amended, Jeffries.  Unclaimed property.   Controller: duties: unclaimed funds.  Existing law requires the Controller to establish and conduct a notification program designed to inform owners about the possible existence of unclaimed property held by the state.  This bill would make a technical, nonsubstantive change to this provision.   This bill would require the Controller to remit the unclaimed funds belonging to a county political party or a state or local governmental agency that are held by the Controller to the party or governmental agency without first being contacted.  Vote: majority. Appropriation: no. Fiscal committee:  no   yes  . State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:  SECTION 1.   Section 12420 is added to the   Government Code   , to read:   12420. The Controller shall remit any unclaimed funds belonging to a county political party or a state or local governmental agency that are held by the Controller to the party or governmental agency without first being contacted by that party or governmental agency.   SECTION 1.   Section 1531.5 of the Code of Civil Procedure is amended to read: 1531.5. (a) The Controller shall establish and conduct a notification program designed to inform owners about the possible existence of unclaimed property received pursuant to this chapter. (b) Any notice sent pursuant to this section shall not contain a photograph or likeness of an elected official. (c) (1) Notwithstanding any other law, upon the request of the Controller, a state or local governmental agency may furnish to the Controller from its records the address or other identification or location information that could reasonably be used to locate an owner of unclaimed property. (2) If the address or other identification or location information requested by the Controller is deemed confidential under any laws or regulations of this state, it shall nevertheless be furnished to the Controller. However, neither the Controller nor any officer, agent, or employee of the Controller shall use or disclose that information except as may be necessary in attempting to locate the owner of unclaimed property. (3) This subdivision shall not be construed to require disclosure of information in violation of federal law. (4) If a fee or charge is customarily made for the information requested by the Controller, the Controller shall pay the customary fee or charge. (d) Costs for administering this section shall be subject to the level of appropriation in the annual Budget Act.