Provides amounts remaining in inactive Internet gaming accounts will be abandoned property after three years under unclaimed property law.
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill clarifies how inactive internet gaming accounts in New Jersey will be handled. If an account remains unused for three years, any remaining funds will be considered unclaimed property and subject to the state’s unclaimed property law. The bill aims to streamline the process of returning these funds to their rightful owners. It updates existing regulations to align with the Uniform Unclaimed Property Act.
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