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Claims to unclaimed property; authority of administrator; emergency. Authorizes the State Treasurer or his designee to make payments relating to unclaimed property without receiving a claim if the property is cash property, the apparent owner is a natural person and the sole owner of such property, the apparent owner has been identified by the State Treasurer or his designee, and the amount to be paid does not exceed $5,000. The bill contains an emergency clause. This bill incorporates SB 867 and SB 922 and is identical to HB 1606.
Introduced
Jan 7, 2025
Last Action
Mar 18, 2025
Session
VA 2025
Sponsors
1 primary · 2 co
Acts of Assembly Chapter text (CHAP0020)
Approved by Governor-Chapter 20 (Effective 03/18/25)
Signed by President
Enrolled Bill Communicated to Governor on February 20, 2025
Governor's Action Deadline 11:59 p.m., March 24, 2025
Fiscal Impact Statement from Department of Planning and Budget (SB996)
Signed by Speaker
Bill text as passed Senate and House (SB996ER)
Enrolled
Read third time
Passed House (97-Y 0-N)
Moved from Uncontested Calendar to Regular Calendar
Passed by for the day
Read second time
Placed on Calendar
Reported from General Laws (21-Y 0-N)
Referred to Committee on General Laws
Read first time
Passed Senate (40-Y 0-N)
Read second time
Reading of substitute waived
General Laws and Technology Substitute agreed to
Emergency clause added
Engrossed by Senate - committee substitute
Rules suspended
Constitutional reading dispensed (on 3rd reading) (40-Y 0-N)
Passed by for the day
Constitutional reading dispensed (on 1st reading) (39-Y 0-N 1-A)
Rules suspended
Reported from Finance and Appropriations (14-Y 0-N)
Fiscal Impact Statement from Department of Planning and Budget (SB996)
Incorporates SB922(Craig)
Committee substitute printed 25105875D-S1
Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (15-Y 0-N)
Incorporates SB867(Reeves)
Referred to Committee on General Laws and Technology
Prefiled and ordered printed; Offered 01-08-2025 25102984D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Acts of Assembly Chapter text (CHAP0020)
Angelia Williams Graves
Bryce E. Reeves
Christie New Craig