AN ACT CONCERNING A STUDY OF WHETHER UNCLAIMED GIFT CERTIFICATES SHOULD BE CONSIDERED ABANDONED PROPERTY.

This bill directs the state Treasurer to study whether unclaimed gift certificates should be treated as abandoned property that belongs to the state after a certain period. The study will examine the practical benefits and drawbacks of this change and must be completed by January 1, 2027. The Treasurer will then submit a report with findings and recommendations to the relevant legislative committee. This measure does not change any current laws but would only consider future policy adjustments if the study supports them.