HB0302 - Unclaimed Utility Deposit Act.
2001 |
State of Wyoming |
01LSO-0639 |
HOUSE BILL NO. HB0302
Unclaimed Utility Deposit Act.
Sponsored by: Representative(s) Esquibel
A BILL
for
1 AN ACT relating to
unclaimed property; providing for
2
disposal of unclaimed utility deposits; subsidizing low
3 income
energy costs; conforming related provisions; and
4
providing for an effective date.
5
6 Be It Enacted by the Legislature of the State of Wyoming:
7
8 Section
1. W.S. 34-24-201 through 34-24-204 are
9
created to read:
10
11 ARTICLE 2
12 UNCLAIMED UTILITY DEPOSIT ACT
13
14 34-24-201. Short title.
15
16 This act shall be known as and may be cited
as the
17 "Unclaimed Utility Deposit Act."
Page 1
1
2 34-24-202. Definitions.
3
4 (a) As used in this act:
5
6 (i) "Low
income energy assistance program" means
7 as
defined by W.S. 42-2-115;
8
9 (ii) "Utility"
means a person who owns or
10 operates for public use any plant,
equipment, property,
11 franchise or license for the transmission of
12 communications, including cable television
or the
13 production, storage, transmission, sale,
delivery or
14 furnishing of electricity, water, steam or
gas;
15
16 (iii) "This
act" means W.S. 34-24-201 through
17 34-24-204.
18
19 34-24-203. Deposits held by utilities.
20
21 A deposit, including any interest thereon,
made by a
22 subscriber with a utility to secure payment
or any sum paid
23 in advance for utility services to be
furnished, less any
24 lawful deductions, that remains unclaimed by
the owner for
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1
more than one (1) year after termination of the services
2 for
which the deposit or advance payment was made is deemed
3
abandoned.
4
5 34-24-204. Disposal of monies.
6
7 Any
deposit determined to be abandoned pursuant to W.S.
8 34-24-203
shall be transferred to the department of family
9
services by the utility not less than once a year. The
10 department of family services shall place
the monies into a
11 low income energy assistance program
pursuant to W.S.
12 44-2-115 and disperse the monies according
to the
13 provisions of that act.
14
15 Section 2. W.S. 34-24-109 is amended to read:
16
17 34-24-109. Deposits held by utilities.
18
19 A deposit, including any interest thereon,
made by a
20 subscriber with a utility to secure payment
or any sum paid
21 in advance for utility services to be
furnished, less any
22 lawful deductions, that remains unclaimed by
the owner for
23 more than one (1) year after termination of
the services
24 for which the deposit or advance payment was
made is deemed
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1 abandoned not
considered abandoned for purposes of this act
2 but will be considered abandoned for purposes of the
3 Unclaimed Utility Deposit Act.
4
5 Section 3. This act is effective July 1, 2001.
6
7 (END)
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