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Pending rules currently open for public comment

Description

​DIV 30; DIV 40; DIV45; Rules to administer HB 4074 Escheatment of matured US Savings Bonds held by DSL


The Oregon Department of State Lands (DSL) is conducting rulemaking to create clear definitions and procedures to:

1. Locate owners of US Savings Bonds

2. Seek court approval to cash in matured US Savings Bonds after three years

3. Post the bond proceeds to the owner’s accounts

4. Provide owners a simple petition process for recovering US Savings Bond proceeds


In order to achieve this purpose, DSL believes the rules should address the following administrative actions:

1. Develop a strategy to locate the owners or their descendants and return their US Savings Bonds during a three-year period before escheatment. 

a. Create a webpage where the public can learn about the project and search a listing of US Savings Bond owners with a convenient method to file a claim for the Savings bonds.

b. Plan public outreach efforts designed to provide any interested parties the opportunity to search and recover US Savings Bonds.

c. Ensure the outreach strategy meets the due process requirements of escheatment.

2. Develop an escheatment timeline and process with Marion County Courts.

3. Work with US Treasury to develop the process and paperwork needed to cash in matured escheated US Savings Bonds.

4. Post the proceeds of escheated bonds to the owner’s account so petitions can be made against the funds.


DSL held three RAC Committee Meetings starting in January 2019. RAC Committee Meeting locations are:


RAC Committee Meeting #1
January 18, 2019
9 am to 12 pm
Land Board Room
775 Summer Street NE, Salem, Oregon

RAC Committee Meeting #2

February 8, 2019
9 am to 12 pm
Land Board Room
775 Summer Street NE, Salem, Oregon

RAC Committee Meeting #3

March 13, 2019
1 pm to 4 pm
Land Board Room
775 Summer Street NE, Salem, Oregon



One public hearing will be held: 
Tuesday, May 21 from 5 pm to 6:30 pm
Land Board Room
Department of State Lands
775 Summer Street NE
Salem, Oregon 97301

​Public Comment Period is May 1 to 5 PM, May 31, 2019.
Draft Rules:
Clean Copy (Changes accepted of the proposed language change.)

Tracked Changes Copy (What was the rule and what is proposed to change.)


Comment period closes
5/31/2019 5:00:00 PM
Description

​DIV 40; DIV 45; Rules to administer HB 4038 military medals held by DSL


DSL is conducting rulemaking to modify administration (OAR 141-045) and unclaimed property claims/finders (OAR 141-040) rules to include definitions and administrative procedures to ensure military medals and related militaria are safeguarded and returned to the service member, their descendants, or other appropriate custodians. 

In order to achieve this purpose, DSL believes the rules should address the following administrative actions:

1. Create a public webpage including photographs and information regarding the service member to make it easy for the service member or their descendants to seek and recover military medals and related militaria. 

2. Layout the specific requirements and methods to transfer medals and related militaria to designated custodians. 

a. Qualified military veterans’ organizations

b. A state or federal agency

c. The Oregon Military Museum

3. Define the investigation methods DSL will use to identify the service member who earned the medal.

4. Create the claim requirements for the original box owner, a service member or their descendants to successful recover the medal and associated militaria. 

5. Create criteria on when any safekeeping fees owed a financial institution that reported the contents are reimbursable before recovery of the medal is allowed.


DSL held three RAC Committee Meetings starting in January 2019. RAC Committee Meeting locations are:

RAC Committee Meeting #1

January 17, 2019
1 pm to 4 pm
Land Board Room
775 Summer Street NE, Salem, Oregon

RAC Committee Meeting #2

February 7, 2019
1 pm to 4 pm
Land Board Room
775 Summer Street NE, Salem, Oregon

RAC Committee Meeting #3

March 14, 2019
9 am to 12 pm
Land Board Room
775 Summer Street NE, Salem, Oregon

RAC Roster​


One public hearing will be held: 
Tuesday, May 21 from 5 pm to 6:30 pm
Land Board Room
Department of State Lands
775 Summer Street NE
Salem, Oregon 97301​

Public Comment Period is May 1 to 5 PM, May 31, 2019.
Draft Rules:

Clean Copy (Changes accepted of the proposed language change.)​

Tracked Changes Copy (What was the rule and what is proposed to change.)




Comment period closes
5/31/2019 5:00:00 PM
If no list appears above, there are currently no rules open for public comment.


Comment

Emailrules@dsl.state.or.us

MailAnne Friend, Rules Coordinator
775 Summer Street NE, Suite 100
Salem, Oregon 97301-1279

Comments via telephone cannot be accepted.

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