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2016 SESSION
HB 1020 Unclaimed property; payment of property of deceased owner.
Introduced by: Thomas A. "Tag" Greason | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Unclaimed property; payment of property of deceased owner. Provides a means for the State Treasurer to pay unclaimed property of a deceased owner to a claimant who provides certain evidence of his entitlement to payment, including (i) a certificate of qualification as the executor or an order of appointment as the administrator or personal representative of the decedent's estate; (ii) an affidavit authorizing the claimant to be the designated successor under the Small Estate Act that names the claimant as the designated successor; or (iii) the order of distribution or the final accounting for a closed estate that reflects payment is due in whole or in part to the claimant. If no such evidence is available and the owner of the property died at least one year prior to the filing of the claim and the amount claimed is $15,000 or less, the claimant may submit an affidavit stating his claim to the property, and the State Treasurer may approve and pay such claim at his discretion. The bill directs the State Treasurer to develop a plain English explanation of the right to make a claim in cases where the reported owner of the property is deceased and publish the form on the State Treasurer's website. This bill is identical to SB 408.
FULL TEXT
- 01/13/16 House: Prefiled and ordered printed; offered 01/13/16 16100475D pdf | impact statement
- 02/08/16 House: Printed as engrossed 16100475D-E pdf | impact statement
- 03/03/16 House: Bill text as passed House and Senate (HB1020ER) pdf | impact statement
- 03/29/16 Governor: Acts of Assembly Chapter text (CHAP0529) pdf
AMENDMENTS
HISTORY
- 01/13/16 House: Prefiled and ordered printed; offered 01/13/16 16100475D
- 01/13/16 House: Referred to Committee for Courts of Justice
- 01/20/16 House: Assigned Courts sub: Civil Law
- 02/01/16 House: Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
- 02/03/16 House: Reported from Courts of Justice with amendments (21-Y 0-N)
- 02/05/16 House: Read first time
- 02/08/16 House: Read second time
- 02/08/16 House: Committee amendments agreed to
- 02/08/16 House: Engrossed by House as amended HB1020E
- 02/08/16 House: Printed as engrossed 16100475D-E
- 02/09/16 House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 02/09/16 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 02/10/16 Senate: Constitutional reading dispensed
- 02/10/16 Senate: Referred to Committee for Courts of Justice
- 02/24/16 Senate: Reported from Courts of Justice with amendment (15-Y 0-N)
- 02/26/16 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/29/16 Senate: Read third time
- 02/29/16 Senate: Reading of amendment waived
- 02/29/16 Senate: Committee amendment agreed to
- 02/29/16 Senate: Engrossed by Senate as amended
- 02/29/16 Senate: Passed Senate with amendment (38-Y 0-N)
- 02/29/16 Senate: Reconsideration of Senate passage agreed to by Senate (38-Y 0-N)
- 02/29/16 Senate: Passed Senate with amendment (38-Y 0-N)
- 03/01/16 House: Placed on Calendar
- 03/02/16 House: Senate amendment agreed to by House (99-Y 0-N)
- 03/02/16 House: VOTE: ADOPTION (99-Y 0-N)
- 03/03/16 House: Enrolled
- 03/03/16 House: Bill text as passed House and Senate (HB1020ER)
- 03/03/16 House: Signed by Speaker
- 03/06/16 Senate: Signed by President
- 03/07/16 House: Enrolled Bill communicated to Governor on 3/7/2016
- 03/07/16 Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016
- 03/29/16 Governor: Approved by Governor-Chapter 529 (effective 7/1/16)
- 03/29/16 Governor: Acts of Assembly Chapter text (CHAP0529)