Thanks to Publius’ Forum pointing this one out!

The Illinois thugs are at it again. This time they’re pitching a bill designed to give the appearance of protecting consumers from having to pay finders fees to private business that might be, according to the government thugs, a little too high. The finders fees are for services that help unite Illinois residents with unclaimed property that they might not have known existed.

The bill caps the amount the business can charge for providing such a service, because the government feels these private companies are out of line by charging so much. The truth of the matter is, the government doesn’t like that business are making it easier and faster for Americans to obtain their property. In other words… the government doesn’t get to keep it.

Shameful.

My favorite quote from Publius’ Forum’s post:

In other words Illinois State Treasurer Alexi Giannoulias is trying to make sure FEWER Illinoisans find out that the state owes them money with enough notice before that 5-year time limit runs out.

This bill should have a better title than the “protecting consumers” bill. It should be more like the “keeping taxpayers ignorant” bill.