Unclaimed Property

Plain English Breakdown

The bill summary does not provide specific details on which executive or legislative branch officials will receive the electronic reports, leaving this detail uncertain.

Unclaimed Property Reporting

This bill allows Tennessee's state treasurer to submit annual reports on unclaimed property electronically.

What This Bill Does

• Changes an existing rule in Tennessee law about reporting unclaimed or abandoned property.
• Allows the state treasurer to send the yearly report on unclaimed property electronically.

Who It Names or Affects

• The state treasurer who is responsible for submitting reports on unclaimed property.

Terms To Know

Unclaimed Property

Money or items that belong to someone but have not been claimed by the owner after a certain period of time.

Tennessee Code Annotated

The official collection of laws for the state of Tennessee, organized into titles and sections.

Limits and Unknowns

• Does not specify which executive or legislative branch officials will receive these reports.
• Does not change how often reports must be submitted or what information they contain.
• It is still under consideration by the Senate Commerce and Labor Committee as of March 3, 2026.

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

HOUSE BILL 1719
By Reeves

SENATE BILL 1780
By Johnson
SB1780
011385
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 66,
relative to property.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 66-29-165(b), is amended by
designating the existing language as subdivision (b)(1) and adding the following as subdivision
(2):
The report may be submitted electronically.
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.