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1998 SESSION

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HB 835 Escheators' bonding requirements.

Introduced by: Eric I. Cantor | all patrons    ...    notes | add to my profiles

SUMMARY:

Escheators' bonding requirements. Makes changes to conform the section with the 1996 amendments to the escheats statutes. The 1996 amendments require one escheator per judicial circuit and that each escheator must reside within that circuit. The bill requires the escheator to post a $3,000 bond in the circuit court for the locality where he resides. If property escheats in another locality within the circuit, he must give bond in the circuit court for that locality. While the penalty of the bond must be a percentage of the property's assessed value, the percentage amount is unspecified in the bill.

FULL TEXT

• 01/26/98  House: Presented & ordered printed 988814809  pdf
• 03/05/98  House: Bill text as passed House and Senate (HB835ER)  pdf
• 04/08/98  Governor: Acts of Assembly Chapter text (CHAP0215)  pdf

HISTORY

• 01/26/98  House: Presented & ordered printed 988814809
• 01/26/98  House: Referred to Committee for Courts of Justice
• 02/02/98  House: Assigned to C. J. sub-committee: 2
• 02/14/98  House: Reported from Courts of Justice (24-Y 0-N)
• 02/15/98  House: Read first time
• 02/16/98  House: Read second time and engrossed
• 02/16/98  House: Constitutional reading dispensed (99-Y 0-N)
• 02/16/98  House: VOTE: CONSTITUTIONAL READING (99-Y 0-N)
• 02/16/98  House: Passed House (Block Vote) (100-Y 0-N)
• 02/16/98  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
• 02/16/98  House: Communicated to Senate
• 02/17/98  Senate: Constitutional reading dispensed
• 02/17/98  Senate: Referred to Committee for Courts of Justice
• 02/23/98  Senate: Assigned to C. J. sub-committee: Civil & Property Law
• 02/25/98  Senate: Reported from Courts of Justice (14-Y 0-N)
• 02/26/98  Senate: Const. reading disp., passed by for the day (39-Y 0-N)
• 02/26/98  Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
• 02/27/98  Senate: Read third time
• 02/27/98  Senate: Passed Senate (39-Y 0-N)
• 02/27/98  Senate: VOTE: PASSAGE R (39-Y 0-N)
• 03/05/98  House: Bill text as passed House and Senate (HB835ER)
• 03/11/98  House: Enrolled
• 03/11/98  House: Signed by Speaker
• 03/12/98  Senate: Signed by President
• 04/02/98  Governor: Approved by Governor-Chapter 215 (effective 7/1/98)
• 04/08/98  Governor: Acts of Assembly Chapter text (CHAP0215)