Legislation

Requiring the holder of presumed abandoned property valued at $5,000 or more to send certain written notice to the apparent owner by certified mail, return receipt requested, rather than by first-class mail; requiring the holder of abandoned property valued at $5,000 or more to keep records relating to that property for at least 3 years; requiring that certain records be sufficient to allow a person who is able to recover the abandoned property to establish a tax basis; etc.

Committees

Original:: Economic Matters Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Pre-Filed

Effective Date(s): October 1, 2021

History

Legislation History
Chamber House Calendar Date 9/15/2020 Legislative Date 9/15/2020 Action Pre-filed Proceedings
Chamber House Calendar Date 1/13/2021 Legislative Date 1/13/2021 Action First Reading Economic Matters Proceedings
Chamber House Calendar Date 12/29/2020 Legislative Date 12/29/2020 Action Hearing 1/20 at 1:30 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions - Abandoned Property - Notice and Records Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/03/2021 Legislative Date 3/03/2021 Action Withdrawn by Sponsor Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	9/15/2020	9/15/2020	Pre-filed
House	1/13/2021	1/13/2021	First Reading Economic Matters
House	12/29/2020	12/29/2020	Hearing 1/20 at 1:30 p.m.
			Text - First - Financial Institutions - Abandoned Property - Notice and Records
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/03/2021	3/03/2021	Withdrawn by Sponsor

File Code

Subjects

Statutes