2014 -- S 2093

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LC003418

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2014

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A N   A C T

RELATING TO PROBATE PRACTICE AND PROCEDURE - UNCLAIMED INTANGIBLE

AND TANGIBLE PROPERTY

     

     Introduced By: Senator P Fogarty

     Date Introduced: January 21, 2014

     Referred To: Senate Judiciary

     It is enacted by the General Assembly as follows:

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     SECTION 1. Section 33-21.1-14.1 of the General Laws in Chapter 33-21.1 entitled

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"Unclaimed Intangible and Tangible Property" is hereby amended to read as follows:

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     33-21.1-14.1. Property held by police departments. -- (a) All tangible and intangible

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personal property and any income from this property which has been confiscated by any city,

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town, or state police department and has been held in the custody of the department for six (6)

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months or more shall be presumed abandoned. and shall revert to the general fund in accordance

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with section 33-21.1-23. Any city, town, or state police department or division of drug control

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shall be allowed to keep said tangible and intangible property, and any income from this property

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shall be used by that city, town, or state police department or division of drug control for police

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related community functions, to replace stolen property and/or for law enforcement purposes.

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      (b) All money which is being held by the police department as a result of confiscation

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shall be deposited in a special interest bearing bank account during and until the expiration of the

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three (3) year period prior to reversion to the general fund.

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     SECTION 2. This act shall take effect upon passage.

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LC003418

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO PROBATE PRACTICE AND PROCEDURE - UNCLAIMED INTANGIBLE

AND TANGIBLE PROPERTY

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     This act would provide that police departments and local drug control divisions would be

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allowed to keep confiscated property, and any income derived from such property would be used

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for community or law enforcement purposes.

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     This act would take effect upon passage.

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