2013 -- S 0559

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LC01608

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2013

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A N A C T

RELATING TO PROBATE PRACTICE AND PROCEDURE -- UNCLAIMED INTANGIBLE

AND TANGIBLE PROPERTY

     Introduced By: Senators Ottiano, DiPalma, and Felag

     Date Introduced: February 28, 2013

     Referred To: Senate Judiciary

It is enacted by the General Assembly as follows:

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     SECTION 1. Section 33-21.1-14.1 of the General Laws in Chapter 33-21.1 entitled

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"Unclaimed Intangible and Tangible Property" is hereby amended to read as follows:

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     33-21.1-14.1. Property held by police departments. -- (a) All tangible and intangible

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personal property and any income from this property which has been confiscated by any city,

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town, or state police department and has been held in the custody of the department for six (6)

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months or more shall be presumed abandoned and shall revert to the general fund in accordance

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with section 33-21.1-23 city, town, or the state police department for law enforcement activities.

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      (b) All money which is being held by the police department as a result of confiscation

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shall be deposited in a special interest bearing bank account during and until the expiration of the

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three (3) year period prior to reversion to the general fund city, town, or the state police

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department for law enforcement activities.

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     SECTION 2. This act shall take effect upon passage.

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LC01608

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO PROBATE PRACTICE AND PROCEDURE -- UNCLAIMED INTANGIBLE

AND TANGIBLE PROPERTY

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     This act would provide that abandoned tangible and intangible personal property in police

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custody revert to the city, town or state police department, instead of the general fund, for law

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enforcement activities.

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     This act would take effect upon passage.

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LC01608

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