Under existing law, property held by a person that belongs to another and that is unclaimed for more than specified periods escheats to the state. Existing law requires persons holding unclaimed property to report and deliver it to the Controller within a prescribed time period, and imposes interest payments and penalties for a failure to do so. Existing law also provides that any person who paid or delivered unclaimed property to the Controller on or before December 31, 2002, in accordance with specified requirements, is not subject to statutory interest payments. This bill would require the Controller to create a program for the voluntary disclosure of unclaimed property consistent with specified requirements. The bill would require the Controller to waive interest and penalty charges for holders who are accepted into the program, complete the voluntary disclosures in good faith, and act consistent with program requirements. The program would repeal on January 1, 2024.
Sponsored bills
Existing law requires the State Air Resources Board to achieve the maximum degree of emission reduction possible from vehicular and other mobile sources to accomplish the attainment of the state standards at the earliest practicable date. This bill would exempt, except as specified, from any regulation requiring the installation of air pollution control technology the engines used to power a crane of any size that is used for onroad or offroad purposes.
This measure would designate March 2018 as Irish American Heritage Month in honor of the multitude of contributions that Irish Americans have made to the country and state.
This measure proclaims March 19 as California Celebrating Women in Public Office Day.
This measure would proclaim March 5, 2018, to March 9, 2018, inclusive, as School Breakfast Week.
This measure would recognize Nowrūz, the Persian New Year celebration.
This measure would resolve that the Legislature is proud to join the Girl Scouts of the USA in recognizing their 106th Anniversary.
This measure would declare the Legislature's support for the creation of a California Institute for Aerospace in southern California's Antelope Valley.