PPT-Disposition of Seized, Forfeited, Voluntarily Abandoned, and Unclaimed Personal Property

FMR 10241 Kenya Crosson Senior Property Disposal Specialist Personal Property Management 2 DEFINITIONS Seized Confiscated property agency is responsible for until final ownership is determined. E57374ective January 6 2015 the Act added Sections 130111a and 130111b to the Fiscal Code allowing for the regulating of 64257nders who are now required to apply for registration be approved receive registration numbers and remain subject to Treasur Seized, Forfeited, . Voluntarily Abandoned, and . Unclaimed Personal Property. Federal Management Regulations. Subchapter B – Personal Property. Part 102-41. 2. DEFINITIONS. Forfeited – Acquired through summary process or court order pursuant to a US law.. Guide to Reporting Unclaimed Property ii Unclaimed Property Reporting Booklet iii ii Table of contents Frequently asked q uestions 1 Five steps to report 3 Due diligence 4 Steps to reporting electr Management. Cheri Cross, CPPM, CF. Disclaimer:. The mistakes in this presentation are not ranked according to severity or importance.. Failure to validate property. record fields. “Free” fields create unsearchable and erroneous records. Executive Office for Asset Forfeiture EPARTMENT OF THE T Office of the Under Secretary for Enforcement Revised Edition JULY 2001 G Guidelines for Seized and Forfeited Property Table of Contents SASA Annual Meeting 2014. January 9, 2014. Presented by:. Donald R. Kimber, CPA. New York State . Unclaimed Property Report. Agenda. Overview. The Reporting Process. Important Considerations. Voluntary Compliance. Reporting Basics 101. Fast Facts about Unclaimed Property. All States, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands have Unclaimed Property Programs. Three Canadian Provinces (Quebec, British Columbia and Alberta) have an Unclaimed Property Program. . Reporting and Claims Processes. Bryant Clayton and Verna Bright. Unclaimed Property Division. Texas Comptroller of Public Accounts (CPA). Topics Discussed. Unclaimed Property Reporting. Unclaimed property – what it is and isn’t. Unclaimed Property. 1. DOR Collection Options. Balance your debt collection program:. Tax Refund Interception Program . (TRIP) –refunds . and other payments pay certified . debts. Statewide . Debt Collection (SDC) – full collection services. Dudley Whyte and Tiffany Gallegos. R. egion IV and Region VIII. May 19-21, 2014. Topics. Resources. Real Property Disposition. Excess Real Property Inventory & Utilization Plan. Alternative Disposition Methods. Unclaimed Property Law . 48th State to pass the law. House Bill 1088 – 1984 – original legislation. House Bill 566 – 1993 - Moved to Treasurer’s Office . House Bill 1510 – July 2, 1998 – Abandonment period changed from 7 years to 5 years. FMR 102-41. Kenya Crosson. Senior Property Disposal Specialist. Personal Property Management. 2. DEFINITIONS. Seized. – Confiscated property agency is responsible for until final ownership is determined.. Oversight of all valuation & environmental work of the Division. We are located in:. Jacksonville, FL. Dallas, TX. Functions & Physical Locations of the ORE Group. Engage full service Asset Management Contractors (ORE Contractors) that can manage and dispose real property from cradle to grave anywhere in the USA. . Unclaimed Property Overview:. Returned a record . $42 . million representing . 138,907 . accounts in FY16.. Nearly . $100 million was reported in FY16.. Currently hold over $942 million in unclaimed assets in more than 4.8 million owner accounts. .