Connecticut SB00460 mandates a study on whether unclaimed gift certificates should be treated as abandoned property.

Connecticut SB00460 requires the state Treasurer to conduct a study on the feasibility, benefits, and disadvantages of treating unredeemed gift certificates as abandoned property after a certain period. The study will be submitted to the relevant legislative committee by January 1, 2027, and may lead to recommendations for statutory changes.

Connecticut SB00460 mandates a study on whether unclaimed gift certificates should be treated as abandoned property.

Connecticut SB00460 requires the state Treasurer to conduct a study on the feasibility, benefits, and disadvantages of treating unredeemed gift certificates as abandoned property after a certain period. The study will be submitted to the relevant legislative committee by January 1, 2027, and may lead to recommendations for statutory changes.