Introduced
by
To revise details of the state ”escheats law” that lets the state government take possession of unclaimed property if the owner does not claim it within three years. The bill would extend that three-year “period of dormancy” to five years for all military personnel, not just those who are outside the country.
Referred to the Committee on Families, Seniors, and Veterans
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Substitute offered
by
The substitute passed by voice vote
Passed in the Senate 34 to 0 (details)
To revise details of the state ”escheats law” that lets the state government take possession of unclaimed property if the owner does not claim it within three years. The bill would extend that three-year “period of dormancy” to five years for all military personnel, not just those who are outside the country. It would also revise details of a report that a person holding property presumed abandoned must file each year with the state.
Referred to the Committee on Military and Veterans Affairs and Homeland Security
Reported without amendment
Refer to the Committee on Ways and Means with the recommendation that the substitute (H-1) be adopted.
Referred to the Committee on Ways and Means
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed in the House 92 to 0 (details)
To revise details of the state ”escheats law” that lets the state government take possession of unclaimed property if the owner does not claim it within three years. The bill would extend that three-year “period of dormancy” to five years for all military personnel, not just those who are outside the country. It would also revise details of a report that a person holding property presumed abandoned must file each year with the state.
Passed in the Senate 37 to 0 (details)
