Senate Bill No. 217

(By Senators Dittmar and Chafin)

____________

[Introduced January 31, 1995; referred to the Committee
on Government Organization.]
____________




A BILL to amend article eight, chapter thirty-six of the code of West Virginia, one thousand nine hundred thirty-one, as amended, by adding thereto a new section, designated section eighteen-a, relating to allowing a private citizen a fee of twenty-five percent of any cash found by the citizen and turned over to the state or a political subdivision of the state.

Be it enacted by the Legislature of West Virginia:
That article eight, chapter thirty-six of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended by adding thereto a new section, designated section eighteen-a, to read as follows:
ARTICLE 8. UNIFORM DISPOSITION OF UNCLAIMED PROPERTY ACT.

§36-8-18a. Cash money; finder's fee.

Cash money found by a private citizen, not in the course of or as a result of the citizen's employment with the state or with any political subdivision of the state, which is turned over to the state or a political subdivision of the state, shall be deposited in accordance with the provisions of section eighteen of this article: Provided, That the private citizen who found the cash is entitled to twenty-five percent of the cash as a finder's fee.



NOTE: The purpose of this bill is to allow a citizen, not in the course of employment with the state or a political subdivision of the state, who finds cash and turns it over to the state or a political subdivision of the state, to collect a finder's fee of twenty-five percent of the cash.

This section is new; therefore, strike-throughs and underscoring have been omitted.