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S1997 • 2026

Provides amounts remaining in inactive Internet gaming accounts will be abandoned property after three years under unclaimed property law.

Provides amounts remaining in inactive Internet gaming accounts will be abandoned property after three years under unclaimed property law.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Polistina, Vincent J.
Last action
2026-02-05
Official status
Withdrawn from Consideration
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Provides amounts remaining in inactive Internet gaming accounts will be abandoned property after three years under unclaimed property law.

Provides amounts remaining in inactive Internet gaming accounts will be abandoned property after three years under unclaimed property law.

What This Bill Does

  • Provides amounts remaining in inactive Internet gaming accounts will be abandoned property after three years under unclaimed property law.
  • Topic: Withdrawn from the Files Fiscal note: This bill has been certified by OLS for a fiscal note.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-05 New Jersey Legislature

    Withdrawn from Consideration

  2. 2026-01-13 New Jersey Legislature

    Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee

Official Summary Text

Provides amounts remaining in inactive Internet gaming accounts will be abandoned property after three years under unclaimed property law.
Topic:
Withdrawn from the Files
Fiscal note:
This bill has been certified by OLS for a fiscal note.

Current Bill Text

Read the full stored bill text
S1997

SENATE, No. 1997

STATE OF NEW JERSEY

222nd LEGISLATURE

�

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

Sponsored by:

Senator VINCENT J. POLISTINA

District 2 (Atlantic)

SYNOPSIS

���� Provides amounts remaining in inactive Internet
gaming accounts will be abandoned property after three years under unclaimed
property law.

CURRENT VERSION OF TEXT

���� Introduced Pending Technical Review by Legislative
Counsel.

��

An Act

concerning amounts remaining in inactive
Internet gaming accounts and amending P.L.2013, c.27.

����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:

���� 1.��� Section 22 of P.L.2013,
c.27 (C.5:12-95.24) is amended to read as follows:

���� 22.� All amounts remaining in
Internet gaming accounts inactive or dormant for
[
such
]

a
period
of three
years,
and under such conditions as established by regulation by the
division
,
shall be
[
paid
50% to the casino licensee and 50% to the casino control fund
]

unclaimed
property under the �Uniform Unclaimed Property Act,� P.L.1989, c.58 (C.46:30B-1
et seq.)
.� Before closing a wagering account pursuant to this section, the
casino licensee shall attempt to contact the account holder by mail, phone and
computer.

(cf: P.L.2013, c.27, s.22)

���� 2.��� This act shall take
effect immediately.

STATEMENT

���� This bill provides that
amounts remaining in Internet gaming accounts that are inactive or dormant for three
years will be unclaimed property under the �Uniform Unclaimed Property Act,� N.J.S.A.46:30B-1
et seq.� Under existing law, amounts in these inactive or dormant accounts for
a period determined by the Division of Gaming Enforcement are paid 50% to the
casino licensee and 50% to the casino control fund.