CS/CS/HB 615: Unclaimed Property
GENERAL BILL by Governmental Rules & Regulations ; Financial Services ; Prieguez ; (CO-INTRODUCERS) Cantens ; Ritchie ; Bense ; Johnson ; Lynn
Unclaimed Property; revises provisions re Disposition of Unclaimed Property law to refer to property considered abandoned as unclaimed property; provides additional criterion for certain property in financial organizations being presumed unclaimed; authorizes payment of unclaimed funds by electronic transfer; includes statecertified public accountants among persons authorized to file claims as owner's representatives, etc. Amends Ch. 717, 732.107, 493.6102.
Effective Date: 10/01/2000
Last Action: 5/5/2000 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/5/2000 Senate - Died in Committee on Banking and Insurance
Bill Text: Web Page | PDF
-
Bill History
Date Chamber Action 12/9/1999 House • Prefiled
1/14/2000 House • Referred to Financial Services (CAC); Governmental Rules & Regulations (PRC); Finance & Taxation (FRC); General Government Appropriations (FRC)
1/28/2000 House • On Committee agenda Financial Services (CAC), 02/07/00, 3:30 pm, 214C
2/7/2000 House • Comm. Action: CS by Financial Services (CAC); YEAS 11 NAYS 0
2/14/2000 House • Pending review of CS under Rule 113; Now in Governmental Rules & Regulations (PRC)
3/6/2000 House • On Committee agenda Governmental Rules & Regulations (PRC), 03/08/00, 1:00 pm, 12H
3/7/2000 House • Introduced, referred to Financial Services (CAC); Governmental Rules & Regulations (PRC); Finance & Taxation (FRC); General Government Appropriations (FRC) HJ 00043; On Committee agenda Financial Services (CAC), 02/07/00, 3:30 pm, 214C; Comm. Action: CS by Financial Services (CAC); YEAS 11 NAYS 0 HJ 00148; CS read first time on 03/07/00 HJ 00130; Pending review of CS under Rule 113 HJ 00148; Now in Governmental Rules & Regulations (PRC) HJ 00148; On Committee agenda Governmental Rules & Regulations (PRC), 03/08/00, 1:00 pm, 12H
3/8/2000 House • Comm. Action: CS/CS by Governmental Rules & Regulations (PRC); YEAS 7 NAYS 0 HJ 00336
3/22/2000 House • CS read first time on 03/22/00 HJ 00329
3/17/2000 House • Pending review of CS under Rule 113 HJ 00336
3/20/2000 House • Now in Finance & Taxation (FRC) HJ 00336
3/24/2000 House • On Committee agenda Finance & Taxation (FRC), 03/28/00, 8:30 am, Morris Hall
3/28/2000 House • Comm. Action: Favorable with 1 amendment(s) by Finance & Taxation (FRC); YEAS 15 NAYS 0 HJ 00367
3/29/2000 House • Now in General Government Appropriations (FRC) HJ 00367
4/3/2000 House • On Committee agenda General Government Appropriations (FRC), 04/05/00, 8:00 am, 214C
4/5/2000 House • Comm. Action:Favorable by General Government Appropriations (FRC); YEAS 11 NAYS 0 HJ 00502
4/6/2000 House • Placed on calendar, available for General Calendar HJ 00502
4/24/2000 House • Placed on General Calendar; Read second time HJ 00633; Amendment(s) adopted HJ 00633; Read third time HJ 00640; CS passed as amended; YEAS 108 NAYS 0 HJ 00640
4/24/2000 Senate • In Messages
4/26/2000 Senate • Received, referred to Banking and Insurance; Judiciary; Fiscal Resource SJ 00538
5/5/2000 Senate • Died in Committee on Banking and Insurance
-
CS/CS/HB 615, Engrossed 1 (Current Bill Version) Posted 8/28/2000 at 9:14 AM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location S 832 (c3) Unclaimed Property Horne Similar Last Action: 5/5/2000 S Placed on Special Order Calendar SJ 01145; Died on Calendar
Location:Floor Amendments (1)
Amendment Sponsor Filed Last Floor Action Format 561168 - Amendment
Sebesta 5/3/2000
4:16 AMWeb Page
PDFFloor Votes (1)
Date Chamber Result 4/24/2000 2:38 PM House 108 Yeas - 0 Nays Citations - Statutes (33)
Citation Catchline Location in Bill Location In Bill Help 493.6102 Inapplicability of parts I through IV of this chapter. 717.101 Definitions. 717.102 Property presumed abandoned; general rule. 717.103 General rules for taking custody of intangible unclaimed property. 717.1035 Property originated or issued by this state, any political subdivision of this state, or any entity incorporated, organized, created, or otherwise located in the state. 717.104 Traveler's checks and money orders. 717.105 Checks, drafts, and similar instruments issued or certified by banking and financial organizations. 717.106 Bank deposits and funds in financial organizations. 717.107 Funds owing under life insurance policies. 717.108 Deposits held by utilities. 717.109 Refunds held by business associations. 717.1101 Stock and other intangible interests in business associations. 717.111 Property of business associations held in course of dissolution. 717.112 Property held by agents and fiduciaries. 717.113 Property held by courts and public agencies. 717.115 Wages. 717.116 Contents of safe-deposit box or other safekeeping repository. 717.117 Report of abandoned property. 717.118 Notice and publication of lists of abandoned property. 717.119 Payment or delivery of abandoned property. 717.1201 Custody by state; holder relieved from liability; reimbursement of holder paying claim; reclaiming for owner; defense of holder; payment of safe-deposit box or repository charges. 717.122 Public sale of abandoned property. 717.123 Deposit of funds. 717.124 Filing of claim with department. 717.1241 Conflicting claims. 717.1243 Transfer of unclaimed property by operation of law. 717.125 Claim of another state to recover property; procedure. 717.129 Periods of limitation. 717.132 Enforcement; cease and desist orders; administrative fines. 717.135 Agreement to locate reported property. 717.1353 717.137 Effect of new provisions; clarification of application. 732.107 Escheat. -
CS/CS/HB 615, Committee Substitute 2 Posted 8/28/2000 at 9:14 AM
Bill Text: Web Page | PDF Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 975413 - Amendment
Finance & Taxation 3/30/2000
1:17 AMWeb Page
PDFCitations - Statutes (32)
Citation Catchline Location in Bill Location In Bill Help 493.6102 Inapplicability of parts I through IV of this chapter. 717.101 Definitions. 717.102 Property presumed abandoned; general rule. 717.103 General rules for taking custody of intangible unclaimed property. 717.1035 Property originated or issued by this state, any political subdivision of this state, or any entity incorporated, organized, created, or otherwise located in the state. 717.104 Traveler's checks and money orders. 717.105 Checks, drafts, and similar instruments issued or certified by banking and financial organizations. 717.106 Bank deposits and funds in financial organizations. 717.107 Funds owing under life insurance policies. 717.108 Deposits held by utilities. 717.109 Refunds held by business associations. 717.1101 Stock and other intangible interests in business associations. 717.111 Property of business associations held in course of dissolution. 717.112 Property held by agents and fiduciaries. 717.113 Property held by courts and public agencies. 717.115 Wages. 717.116 Contents of safe-deposit box or other safekeeping repository. 717.117 Report of abandoned property. 717.118 Notice and publication of lists of abandoned property. 717.119 Payment or delivery of abandoned property. 717.1201 Custody by state; holder relieved from liability; reimbursement of holder paying claim; reclaiming for owner; defense of holder; payment of safe-deposit box or repository charges. 717.122 Public sale of abandoned property. 717.123 Deposit of funds. 717.124 Filing of claim with department. 717.1241 Conflicting claims. 717.1243 Transfer of unclaimed property by operation of law. 717.125 Claim of another state to recover property; procedure. 717.129 Periods of limitation. 717.132 Enforcement; cease and desist orders; administrative fines. 717.135 Agreement to locate reported property. 717.137 Effect of new provisions; clarification of application. 732.107 Escheat. -
CS/HB 615, Committee Substitute 1 Posted 8/28/2000 at 9:14 AM
Bill Text: Web Page | PDF Analyses: Financial Services (Post-Meeting) 2/14/2000 (pdf)
Governmental Rules & Regulations (Post-Meeting) 3/1/2000 (pdf)
Citations - Statutes (32)
Citation Catchline Location in Bill Location In Bill Help 493.6102 Inapplicability of parts I through IV of this chapter. 717.101 Definitions. 717.102 Property presumed abandoned; general rule. 717.103 General rules for taking custody of intangible unclaimed property. 717.1035 Property originated or issued by this state, any political subdivision of this state, or any entity incorporated, organized, created, or otherwise located in the state. 717.104 Traveler's checks and money orders. 717.105 Checks, drafts, and similar instruments issued or certified by banking and financial organizations. 717.106 Bank deposits and funds in financial organizations. 717.107 Funds owing under life insurance policies. 717.108 Deposits held by utilities. 717.109 Refunds held by business associations. 717.1101 Stock and other intangible interests in business associations. 717.111 Property of business associations held in course of dissolution. 717.112 Property held by agents and fiduciaries. 717.113 Property held by courts and public agencies. 717.115 Wages. 717.116 Contents of safe-deposit box or other safekeeping repository. 717.117 Report of abandoned property. 717.118 Notice and publication of lists of abandoned property. 717.119 Payment or delivery of abandoned property. 717.1201 Custody by state; holder relieved from liability; reimbursement of holder paying claim; reclaiming for owner; defense of holder; payment of safe-deposit box or repository charges. 717.122 Public sale of abandoned property. 717.123 Deposit of funds. 717.124 Filing of claim with department. 717.1241 Conflicting claims. 717.1243 Transfer of unclaimed property by operation of law. 717.125 Claim of another state to recover property; procedure. 717.129 Periods of limitation. 717.132 Enforcement; cease and desist orders; administrative fines. 717.135 Agreement to locate reported property. 717.137 Effect of new provisions; clarification of application. 732.107 Escheat. -
HB 615, Original Filed Version Posted 8/28/2000 at 9:14 AM
Bill Text: Web Page Analyses: Financial Services (Post-Meeting) 12/27/1999 (pdf)
Citations - Statutes (31)
Citation Catchline Location in Bill Location In Bill Help 717.101 Definitions. 717.102 Property presumed abandoned; general rule. 717.103 General rules for taking custody of intangible unclaimed property. 717.1035 Property originated or issued by this state, any political subdivision of this state, or any entity incorporated, organized, created, or otherwise located in the state. 717.104 Traveler's checks and money orders. 717.105 Checks, drafts, and similar instruments issued or certified by banking and financial organizations. 717.106 Bank deposits and funds in financial organizations. 717.107 Funds owing under life insurance policies. 717.108 Deposits held by utilities. 717.109 Refunds held by business associations. 717.1101 Stock and other intangible interests in business associations. 717.111 Property of business associations held in course of dissolution. 717.112 Property held by agents and fiduciaries. 717.113 Property held by courts and public agencies. 717.115 Wages. 717.116 Contents of safe-deposit box or other safekeeping repository. 717.117 Report of abandoned property. 717.118 Notice and publication of lists of abandoned property. 717.119 Payment or delivery of abandoned property. 717.1201 Custody by state; holder relieved from liability; reimbursement of holder paying claim; reclaiming for owner; defense of holder; payment of safe-deposit box or repository charges. 717.122 Public sale of abandoned property. 717.123 Deposit of funds. 717.124 Filing of claim with department. 717.1241 Conflicting claims. 717.1243 Transfer of unclaimed property by operation of law. 717.125 Claim of another state to recover property; procedure. 717.129 Periods of limitation. 717.132 Enforcement; cease and desist orders; administrative fines. 717.135 Agreement to locate reported property. 717.137 Effect of new provisions; clarification of application. 732.107 Escheat.