By Michael Houghton
On June 16, 2015, Senate Bill No. 141 was introduced in the Delaware State Senate. In the early morning hours of July 1, 2015 (with the Delaware “legislative calendar” still reading June 30, 2015) this legislation, which had already passed the State Senate, passed the Delaware House and awaits Governor Jack Markell’s signature. The speed with which this legislation passed indicates that Delaware is serious about reforming its Unclaimed Property Program.
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James DeChene is the Chamber's Senior Vice President of Government Affairs.