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News & Press: UPPO Advocacy Activity

UPPO Submits Comment to Pennsylvania Regarding HB 1605

Friday, September 23, 2016   (0 Comments)
Posted by: Emily Lee
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Pennsylvania Governor Tom Wolf signed PA H.B. 1605 into law on July 13, 2016. It included provisions related to various state programs, including provisions impacting the Pennsylvania unclaimed property program.


UPPO submitted a letter to Treasurer Timothy Reese and legislative leaders on Sept. 23, 2016 requesting clarity regarding the holder's requirement to conduct due diligence and the new IRA dormancy trigger provision. Read the full letter. More information to come in the coming weeks.


Questions? Contact Government Relations and Advocacy Committee Co-Chairs Michelle Andre, Karen Anderson, or Kendall Houghton.


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