Amends existing law to revise provisions regarding when a sheriff can auction abandoned property.

County sheriff and city police departments are required by law to keep unclaimed property for 6 months before the item can be auctioned or destroyed. For bicycles, the law requires 90 days. This legislation shortens the timeline for unclaimed property to 90 days and bicycles to 60 days. Most of the time items of actual value that are truly lost and found by police are collected in days or weeks by their owners while the large bulk of unclaimed(andgenerallylowvalueproperty)sitsonshelveswaitingtobedisposedofatacosttothecountyand citiesmanagingthisproperty. ShorteningIdaho’stimelineforretaininglost/abandonedand/orunclaimedfound property to match other states would mean cities and counties spend less money and time storing unclaimed property and bicycles. As an added benefit, items that do have value can go to auction sooner so that the city or county can recoup some of their costs.