Amends TCA Title 47; Title 48 and Title 66.
Tennessee HB1265 amends the timeline for the submission of a report by the treasurer concerning the Uniform Unclaimed Property Act, reducing the period from four months to three months following the end of a fiscal year. This change affects the treasurer's reporting obligations to the governor, comptroller of the treasury, and legislative leaders. The key provision of the bill is the shortened timeframe for reporting on the operation of the Act for the preceding fiscal year.
Tennessee HB1265 amends the timeline for the submission of a report by the treasurer concerning the Uniform Unclaimed Property Act, reducing the period from four months to three months following the end of a fiscal year. This change affects the treasurer's reporting obligations to the governor, comptroller of the treasury, and legislative leaders. The key provision of the bill is the shortened timeframe for reporting on the operation of the Act for the preceding fiscal year.
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