CS/SB 1398: Unclaimed Property
GENERAL BILL by Banking and Insurance ; Carlton
Unclaimed Property; revises certain provisions to refer to property considered abandoned as unclaimed property; provides additional criterion for certain property in financial organizations being presumed unclaimed; provides presumption that certain intangible property is unclaimed under certain circumstances; provides valuation & remission of contents of safe-deposit boxes, etc. Amends Ch. 717, 732.107, 493.6101,.6102, 215.965.
Effective Date: 10/01/2001
Last Action: 4/11/2001 Senate - House Bill substituted -SJ 00318; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/HB 107 (Ch. 2001-36); See also CS/HB 137 (Ch. 2001-226)
Bill Text: Web Page | PDF
Last Action: 4/11/2001 Senate - House Bill substituted -SJ 00318; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/HB 107 (Ch. 2001-36); See also CS/HB 137 (Ch. 2001-226)
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 3/6/2001 Senate • Filed
3/14/2001 Senate • Introduced, referred to Banking and Insurance; Finance and Taxation -SJ 00145
3/15/2001 Senate • On Committee agenda-- Banking and Insurance, 03/20/01, 9:00 am, 110-S
3/20/2001 Senate • CS by Banking and Insurance; YEAS 11 NAYS 0 -SJ 00221; CS read first time on 03/22/01 -SJ 00226
3/22/2001 Senate • Now in Finance and Taxation -SJ 00221
3/29/2001 Senate • Withdrawn from Finance and Taxation -SJ 00248; Placed on Calendar, on second reading
4/4/2001 Senate • Placed on Special Order Calendar -SJ 00285; Read second time -SJ 00299; Amendment(s) adopted -SJ 00299; Ordered engrossed -SJ 00300
4/11/2001 Senate • House Bill substituted -SJ 00318; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/HB 107 (Ch. 2001-36); See also CS/HB 137 (Ch. 2001-226)
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CS/SB 1398, Engrossed 1 (Current Bill Version) Posted 4/5/2001 at 2:30 AM
Bill Text: Web Page | PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location H 107 (e2) Prieguez Similar Last Action: 4/30/2001 Approved by Governor; Chapter No. 2001-36; See also CS/HB 137 (Ch. 2001-226) -HJ 01431
Location:H 137 (e2) Goodlette Compare Last Action: 6/13/2001 Approved by Governor; Chapter No. 2001-226; See also CS/CS/HB 107 (Ch. 2001-36)
Location:S 402 (c1) Probate Burt Compare Last Action: 5/3/2001 S Placed on Special Order Calendar -SJ 00951; Read second time -SJ 01050; Amendment(s) adopted -SJ 01050; House Bill substituted -SJ 01054; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/HB 137 (Ch. 2001-226); See also CS/CS/HB 107 (Ch. 2001-36)
Location:Citations - Statutes (36)
Citation Catchline Location in Bill Location In Bill Help 215.965 Disbursement of state moneys. 493.6101 Definitions. 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. 717.1315 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. 717.138 Rulemaking authority. 732.107 Escheat. -
CS/SB 1398, Committee Substitute 1 Posted 3/23/2001 at 1:02 AM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Post-Meeting) 3/20/2001 (pdf)
Floor Amendments (4)
Amendment Sponsor Filed Last Floor Action Format 313654 - Amendment
Carlton 3/29/2001
4:43 PMWeb Page
PDF911790 - Amendment
Carlton 3/29/2001
4:52 PMWeb Page
PDF954214 - Amendment
Carlton 4/3/2001
3:09 PMWeb Page
PDF161742 - Amendment
Carlton 4/3/2001
3:09 PMWeb Page
PDFCitations - Statutes (36)
Citation Catchline Location in Bill Location In Bill Help 215.965 Disbursement of state moneys. 493.6101 Definitions. 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. 717.1315 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. 717.138 Rulemaking authority. 732.107 Escheat. -
SB 1398, Original Filed Version Posted 3/8/2001 at 1:53 AM
Bill Text: Web Page | PDF Analyses: None Citations - Statutes (36)
Citation Catchline Location in Bill Location In Bill Help 215.965 Disbursement of state moneys. 493.6101 Definitions. 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. 717.1315 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. 717.138 Rulemaking authority. 732.107 Escheat.