2012 House Bill 5991

Restrict use of “indirect” unclaimed property law audits

Introduced in the House

Nov. 8, 2012

Introduced by Rep. Aric Nesbitt (R-80)

To establish minimum standards for state audits and “indirect audits” of a person or business related to unclaimed property “escheated” to the state, and require such audits to conform with generally accepted government auditing standards published by the U.S. Government Accountability Office.

Referred to the Committee on Tax Policy