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Glossary of Legislative Terms

CS/SB 1434: Disposition of Unclaimed Property

GENERAL BILL by Banking and Insurance ; Wright

Disposition of Unclaimed Property; Requiring the Department of Financial Services to provide copies of wills and trusts included in safe-deposit box contents under certain circumstances; requiring specified agreements for certain claims; increasing the threshold required to use a different method of identity verification for electronic claims; requiring the department to adopt forms for an Unclaimed Property Recovery Agreement and an Unclaimed Property Purchase Agreement, etc.

Effective Date: Upon becoming a law
 Last Action: 4/21/2021 Senate - Laid on Table, companion bill(s) passed, see CS/HB 425 (Ch. 2021-144) -SJ 532
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Rules (RC)


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Bill History

Date Chamber Action
2/18/2021 Senate • Filed
2/24/2021 Senate • Referred to Banking and Insurance; Commerce and Tourism; Rules -SJ 140
3/2/2021 Senate • Introduced -SJ 140
3/25/2021 Senate • On Committee agenda-- Banking and Insurance, 03/30/21, 3:30 pm, 412 Knott Building
3/30/2021 Senate • CS by Banking and Insurance; YEAS 9 NAYS 0 -SJ 378
4/1/2021 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
4/2/2021 Senate • Original reference(s) removed: Commerce and Tourism
• Remaining references corrected to Rules -SJ 383
• Now in Rules
4/7/2021 Senate • CS by Banking and Insurance read 1st time -SJ 380
4/13/2021 Senate • On Committee agenda-- Rules, 04/16/21, 9:00 am, 412 Knott Building
4/15/2021 Senate • On Committee agenda-- Rules, 04/20/21, 8:30 am, 412 Knott Building
4/16/2021 Senate • Favorable by- Rules; YEAS 15 NAYS 0 -SJ 472
• Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 04/21/21 -SJ 559
4/21/2021 Senate • Read 2nd time -SJ 531
• Substituted CS/HB 425 -SJ 532
• Laid on Table, companion bill(s) passed, see CS/HB 425 (Ch. 2021-144) -SJ 532