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2016 SESSION
SB 408 Unclaimed property; payment of property of deceased owner.
Introduced by: Jill Holtzman Vogel | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (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 HB 1020.
FULL TEXT
- 01/12/16 Senate: Prefiled and ordered printed; offered 01/13/16 16100746D pdf | impact statement
- 01/28/16 Senate: Printed as engrossed 16100746D-E pdf | impact statement
- 02/29/16 Senate: Bill text as passed Senate and House (SB408ER) pdf | impact statement
- 03/11/16 Governor: Acts of Assembly Chapter text (CHAP0350) pdf
AMENDMENTS
HISTORY
- 01/12/16 Senate: Prefiled and ordered printed; offered 01/13/16 16100746D
- 01/12/16 Senate: Referred to Committee on Local Government
- 01/19/16 Senate: Rereferred from Local Government (13-Y 0-N)
- 01/19/16 Senate: Rereferred to General Laws and Technology
- 01/25/16 Senate: Reported from General Laws and Technology with amendments (14-Y 0-N)
- 01/27/16 Senate: Constitutional reading dispensed (40-Y 0-N)
- 01/28/16 Senate: Read second time
- 01/28/16 Senate: Reading of amendments waived
- 01/28/16 Senate: Committee amendments agreed to
- 01/28/16 Senate: Engrossed by Senate as amended SB408E
- 01/28/16 Senate: Printed as engrossed 16100746D-E
- 01/29/16 Senate: Read third time and passed Senate (40-Y 0-N)
- 02/03/16 House: Placed on Calendar
- 02/03/16 House: Read first time
- 02/03/16 House: Referred to Committee for Courts of Justice
- 02/16/16 House: Assigned Courts sub: Civil Law
- 02/22/16 House: Subcommittee recommends reporting (10-Y 0-N)
- 02/24/16 House: Reported from Courts of Justice (22-Y 0-N)
- 02/25/16 House: Read second time
- 02/26/16 House: Read third time
- 02/26/16 House: Passed House BLOCK VOTE (97-Y 0-N)
- 02/26/16 House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
- 02/29/16 Senate: Enrolled
- 02/29/16 Senate: Bill text as passed Senate and House (SB408ER)
- 02/29/16 House: Signed by Speaker
- 03/03/16 Senate: Signed by President
- 03/04/16 Senate: Enrolled Bill Communicated to Governor on 3/4/16
- 03/04/16 Governor: Governor's Action Deadline Midnight, March 11, 2016
- 03/11/16 Governor: Approved by Governor-Chapter 350 (effective 7/1/16)
- 03/11/16 Governor: Acts of Assembly Chapter text (CHAP0350)