Legislation

Requiring the holder of presumed abandoned property valued at $1,000 or more to send certain written notice to the apparent owner by registered mail requiring a signature, rather than by first-class mail; requiring the holder of abandoned property valued at $1,000 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

Opposite:: Finance Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): October 1, 2020

History

Legislation History
Chamber House Calendar Date 2/03/2020 Legislative Date 2/03/2020 Action First Reading Economic Matters Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Financial Institutions - Abandoned Property - Notice and Records Proceedings
Chamber House Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing 3/06 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/12/2020 Legislative Date 3/12/2020 Action Favorable with Amendments Report by Economic Matters Proceedings
Chamber House Calendar Date 3/12/2020 Legislative Date 3/09/2020 Action Favorable with Amendments {713094/1 Adopted Proceedings 46 Click to view Recorded Media
Chamber House Calendar Date 3/12/2020 Legislative Date 3/09/2020 Action Second Reading Passed with Amendments Proceedings 46 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Financial Institutions - Abandoned Property - Notice and Records Proceedings
Chamber House Calendar Date 3/12/2020 Legislative Date 3/10/2020 Action Third Reading Passed (132-0) Proceedings 47 Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2020 Legislative Date 3/10/2020 Action Referred Finance Proceedings 49 Click to view Recorded Media
Chamber Senate Calendar Date 3/16/2020 Legislative Date 3/16/2020 Action Hearing 3/17 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/18/2020 Legislative Date 3/18/2020 Action Favorable with Amendments Report by Finance Proceedings
Chamber Senate Calendar Date 3/18/2020 Legislative Date 3/14/2020 Action Favorable with Amendments {997277/1 Adopted Proceedings 53AClick to view Recorded Media
Chamber Senate Calendar Date 3/18/2020 Legislative Date 3/14/2020 Action Floor Amendment {773822/1 (Senator Feldman) Adopted Proceedings 53AClick to view Recorded Media
Chamber Senate Calendar Date 3/18/2020 Legislative Date 3/14/2020 Action Second Reading Passed with Amendments Proceedings 53AClick to view Recorded Media
Chamber Senate Calendar Date 3/18/2020 Legislative Date 3/15/2020 Action Third Reading Passed (45-0) Proceedings 53CClick to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/03/2020	2/03/2020	First Reading Economic Matters
			Text - First - Financial Institutions - Abandoned Property - Notice and Records
House	2/10/2020	2/10/2020	Hearing 3/06 at 1:00 p.m.
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	3/12/2020	3/12/2020	Favorable with Amendments Report by Economic Matters
House	3/12/2020	3/09/2020	Favorable with Amendments {713094/1 Adopted	46 Click to view Recorded Media
House	3/12/2020	3/09/2020	Second Reading Passed with Amendments	46 Click to view Recorded Media
			Text - Third - Financial Institutions - Abandoned Property - Notice and Records
House	3/12/2020	3/10/2020	Third Reading Passed (132-0)	47 Click to view Recorded Media
Senate	3/15/2020	3/10/2020	Referred Finance	49 Click to view Recorded Media
Senate	3/16/2020	3/16/2020	Hearing 3/17 at 1:00 p.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/18/2020	3/18/2020	Favorable with Amendments Report by Finance
Senate	3/18/2020	3/14/2020	Favorable with Amendments {997277/1 Adopted	53AClick to view Recorded Media
Senate	3/18/2020	3/14/2020	Floor Amendment {773822/1 (Senator Feldman) Adopted	53AClick to view Recorded Media
Senate	3/18/2020	3/14/2020	Second Reading Passed with Amendments	53AClick to view Recorded Media
Senate	3/18/2020	3/15/2020	Third Reading Passed (45-0)	53CClick to view Recorded Media

File Code

Subjects

Statutes