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Existing law, the Unclaimed Property Law, governs the disposition of unclaimed property, including the escheat of certain property to the state. Existing law requires every person holding funds or other property that escheated to the state to submit a report to the Controller that includes, among other items, the name and last known address of each person appearing to be the owner of any property, as specified. Existing law requires the Controller, within 165 days of the final date for filing such a report, to mail a notice to each person who appears to be entitled to property valued $50 or more and whose address is listed in the report or is obtained from the Franchise Tax Board, as specified. This bill would provide that the notice described above need only be sent to an address listed in the report or obtained from the Franchise Tax Board when it is a valid deliverable address. The bill would specify that if the address listed in the report is not a valid deliverable address, but the Controller identifies a corrected valid deliverable address, the Controller must mail the notice to the corrected valid deliverable address.
Introduced
Feb 21, 2025
Last Action
Aug 19, 2025
Session
CA 20252026
Sponsors
1 primary · 0 co
In Senate. Held at Desk.
Ordered to the Senate.
Withdrawn from Engrossing and Enrolling.
In Assembly. Ordered to Engrossing and Enrolling.
Read third time. Passed. Ordered to the Assembly. (Ayes 35. Noes 0. Page 2138.).
Read second time. Ordered to Consent Calendar.
From committee: Be ordered to second reading file pursuant to Senate Rule 28.8 and ordered to Consent Calendar.
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 13. Noes 0.) (July 1). Re-referred to Com. on APPR.
Referred to Com. on JUD.
Read third time. Passed. Ordered to the Senate. (Ayes 69. Noes 0. Page 1487.)
In Senate. Read first time. To Com. on RLS. for assignment.
Read second time. Ordered to Consent Calendar.
From committee: Do pass. To Consent Calendar. (Ayes 14. Noes 0.) (April 30).
Re-referred to Com. on APPR.
Read second time and amended.
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 12. Noes 0.) (April 8).
Re-referred to Com. on JUD.
From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
Referred to Com. on JUD.
Read first time.
From printer. May be heard in committee March 24.
Introduced. To print.
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
In Senate. Held at Desk.