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LEGISLATIVE PROPOSAL E EXECUTIVE SUMMARY Title FT/SCO Unclaimed Property Checkbox Data Sharing Introduction In the Budget Act of 2019 (SB 109), the Joint Legislative Budget Committee (LBC) tasked
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Holder outreach events are activities organized to communicate and engage with individuals or entities that hold unclaimed property, typically to inform them about their rights and the processes to reclaim their property.
Entities that hold unclaimed property, such as businesses or organizations required to report and provide outreach to their owners, are required to file holder outreach events.
To fill out holder outreach events, entities must complete a designated form outlining the details of the outreach activities conducted, including the date, method of outreach, and the target audience.
The purpose of holder outreach events is to raise awareness among property holders about unclaimed property and encourage them to claim their rights before the property is turned over to the state.
Information that must be reported includes the date of the outreach, methods used (e.g., mail, email, events), the types of property communicated about, and the demographics of the targeted audience.
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