Sec. 1. 33 MRSA §1953, sub-§1, ¶¶F and G, as enacted by PL 1997, c. 508, Pt. A, §2 and affected by §3, are amended to read:

F. Money or credits owed to a customer as a result of a retail business transaction, 3 2 years after the obligation accrued;

G. A gift certificate, 3 2 years after December 31st of the year in the date on which the certificate was sold payable; the amount abandoned is the price paid by the purchaser for the gift certificate;

Sec. 2. 33 MRSA §1953, sub-§1, ¶O, as enacted by PL 1997, c. 508, Pt. A, §2 and affected by §3, is amended to read:

O. All other property, 5 2 years after the owner's right to demand the property or after the obligation to pay or distribute the property arises, whichever first occurs.

Sec. 3. 33 MRSA §1958, sub-§2, ¶¶B and C, as enacted by PL 1997, c. 508, Pt. A, §2 and affected by §3, are amended to read:

B. Except with respect to a traveler's check or money order, the name, if known, and last known address, if any, and the social security number or taxpayer identification number, if readily ascertainable, of the apparent owner of property of the value of $50 $200 or more;

C. An aggregated amount of items valued under $50 $200 each;

Sec. 4. 33 MRSA §1958, sub-§5, ¶C, as enacted by PL 1997, c. 508, Pt. A, §2 and affected by §3, is amended to read:

C. The value of the property is $50 $100 or more.

Sec. 5. 33 MRSA §1971, sub-§6, as enacted by PL 1997, c. 508, Pt. A, §2 and affected by §3, is amended to read:

6. Insufficient records. If, after January 1, 1998 2000, a holder does not maintain the records fails to report as required by section 1972 and the records of the holder available for the periods subject to this Act are insufficient to permit the preparation of a report, the administrator may require the holder to report and pay to the administrator the amount the administrator reasonably estimates, on the basis of any available records of the holder or by any other reasonable method of estimation, should have been but was not reported. It is the administrator's burden to prove that the abandoned property that