Bill > A1557

Introduced Session

This bill requires a search be made to determine if a claimant to unclaimed property owes child support. Pursuant to the "Uniform Unclaimed Property Act," N.J.S.A.46:30B-1 et seq., the Treasurer is designated the authority to obtain custody over and administer unclaimed property in the State. This law requires the administrator to obtain custody of abandoned property in this State and retain custody until ownership in the property is established by a claimant. This bill requires that prior to the administrator paying over or delivering to a claimant the property or the amount the administrator received, or the net proceeds if it has been sold by the administrator, the State Treasurer, in conjunction with the Department of Human Services Title IV-D program administrator is required to conduct a judgment search to determine if the claimant is a child support judgment debtor. If the claimant is found to be a child support judgment debtor, the Department of the Treasury is to notify the claimant, and, upon receipt of notice of lien or levy from the Department of Human Services for the property, is required to surrender the property, or retain the property until demand can be made.

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Vicky Flynn (R)*,  Gerry Scharfenberger (R)*, 

Introduced, Referred to Assembly Judiciary Committee (on 01/09/2024)

Official Document