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SB146 • 2025

Modifies certain laws and procedural requirements relating to unclaimed and escheated property.

Modifies certain laws and procedural requirements relating to unclaimed and escheated property.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Last action
2025-07-02
Official status
Chapter Number Assigned
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-07-02 Senate

    Chapter 463, 2025 Laws.

  2. 2025-07-02 Senate

    Effective date, January 1, 2026.

  3. 2025-06-26 Senate

    Governor signed.

  4. 2025-06-18 Senate

    President signed.

  5. 2025-06-18 House

    Speaker signed.

  6. 2025-06-17 House

    Third reading. Carried by Marsh. Passed. Ayes, 50; Excused, 7--Boshart Davis, Diehl, Fragala, Hartman, Munoz, Nguyen H, Wallan; Excused for Business of the House, 3--Evans, Sanchez, Speaker Fahey.

  7. 2025-06-16 House

    Second reading.

  8. 2025-06-13 House

    Recommendation: Do pass.

  9. 2025-06-10 House

    Work Session held.

  10. 2025-06-04 House

    Public Hearing held.

  11. 2025-05-22 House

    Referred to Revenue.

  12. 2025-05-21 House

    First reading. Referred to Speaker's desk.

  13. 2025-05-20 Senate

    Third reading. Carried by Meek. Passed. Ayes, 29; Excused, 1--Anderson.

  14. 2025-05-19 Senate

    Second reading.

  15. 2025-05-16 Senate

    Recommendation: Do pass with amendments. (Printed A-Eng.)

  16. 2025-05-12 Senate

    Work Session held.

  17. 2025-03-24 Senate

    Public Hearing held.

  18. 2025-01-17 Senate

    Referred to Finance and Revenue.

  19. 2025-01-13 Senate

    Introduction and first reading. Referred to President's desk.

Official Summary Text

<b>Digest: The Act changes the laws about unclaimed property. (Flesch Readability Score: 61.2).</b>
[<i>Digest: The Act tells the State Treasurer to study trust property. (Flesch Readability Score: 69.7).</i>]
[<i>Requires the State Treasurer to study trust property. Directs the State Treasurer to submit findings to the interim committees of the Legislative Assembly related to ways and means not later than September 15, 2026.</i>]
[<i>Sunsets January 2, 2027.</i>]
<b>Modifies certain laws and procedural requirements relating to unclaimed and escheated property. Establishes duties for holders of unclaimed digital assets.</b>
Relating to: Relating to trust property.
Current location: Chapter Number Assigned