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G. A gift obligation or stored-value card, 3 2 years after | December 31st of the year in which the gift obligation | | occurred or the card was purchased. A period of limitation | | may not be imposed on the owner's right to redeem the gift | | obligation or stored-value card. The amount unclaimed is the | | face value of the gift obligation or stored-value card, except | | that the amount unclaimed is 60% of the gift obligation's or | stored-value card's face value if the issuer of the gift | obligation does not impose a dormancy charge. Fees or charges | | may not be imposed on gift obligations or stored-value cards | | unless they are noted on the gift obligation or stored-value | | card and are in accordance with section 1956. The amount of | | these charges or fees may not be unconscionable; |
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| | | Sec. FF-2. 33 MRSA §1958, sub-§4, as enacted by PL 1997, c. 508, Pt. | | A, §2 and affected by §3, is amended to read: |
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| | | 4. Filing period. The report must be filed before November | 1st of each year and cover the 12 months next preceding July 1st | of that year, but a report with respect to a life insurance | company must be filed before May 1st of each year for the | calendar year next preceding.: |
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| | | A.__Before May 1st for amounts owed under life insurance | | policies, gift obligations and stored-value cards reportable | | as of the end of the preceding calendar year; and |
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| | | B.__Before November 1st for all property not included in | | paragraph A reportable as of the end of the preceding state | | fiscal year ending June 30th. |
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| | | Sec. GG-1. Voluntary employee incentive programs. Notwithstanding the | | Maine Revised Statutes, Title 5, section 903, subsections 1 and | | 2, the Commissioner of Administrative and Financial Services | | shall offer for use prior to July 1, 2007 special voluntary | | employee incentive programs for state employees, including a 50% | | workweek option, flexible position staffing and time off without | | pay. Employee participation in a voluntary employee incentive | | program is subject to the approval of the employee's appointing | | authority. |
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| | | Sec. GG-2. Continuation of health insurance. Notwithstanding the Maine | | Revised Statutes, Title 5, section 285, subsection 7 and section | | 903, the State shall continue to pay health and dental insurance |
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