CS/CS/CS/HB 783 (2016) -  Unclaimed Property

General Bill by Regulatory Affairs Committee and Government Operations Appropriations Subcommittee and Insurance & Banking Subcommittee and Trumbull (CO-SPONSORS) Raschein
Unclaimed Property: Provides exception to unclaimed property reporting requirements; requires certain unclaimed funds to be deposited with CFO; revises aggregate value that constitutes small estate account; revises requirements for power of attorney used in recovery of unclaimed property; eliminates maximum fee provision for recovery; revises requirements for contracts to acquire ownership of or entitlement to unclaimed property; repeals provisions relating to void unclaimed property powers of attorney & purchase agreements.
Effective Date: July 1, 2016
Last Event: Chapter No. 2016-90 on Thursday, March 24, 2016 5:11 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/SB 970 Subject: Unclaimed Property Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Final Bill Analysis 3/30/2016 4:07:41 PM
Chamber: House Committee: Final Bill Analysis 3/9/2016 10:31:18 AM
Chamber: House Committee: Regulatory Affairs Committee 2/29/2016 10:13:18 AM
Chamber: House Committee: Regulatory Affairs Committee 2/23/2016 4:54:24 PM
Chamber: House Committee: Government Operations Appropriations Subcommittee 2/16/2016 6:01:33 PM
Chamber: House Committee: Government Operations Appropriations Subcommittee 2/15/2016 9:14:15 AM
Chamber: House Committee: Insurance & Banking Subcommittee 2/4/2016 3:10:06 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/30/2016 1:26:37 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 03/04/2016 11:04 AM   Yeas: 116 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 715] Barcode:
Chamber: Senate Date: 03/07/2016 10:22 AM   Yeas: 38 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 10] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2016-90 Time: 03/24/2016 - 5:11 PM Member: Committee: Version: er
Event: Approved by Governor Time: 03/24/2016 - 1:31 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 03/09/2016 - 9:55 AM Member: Committee: Version: er
Event: H Ordered enrolled Time: 03/07/2016 - 11:21 AM Member: Committee: Version: c3
Event: H In Messages Time: 03/07/2016 - 11:21 AM Member: Committee: Version: c3
Event: S CS passed; YEAS 38 NAYS 0 -SJ 737 Time: 03/07/2016 - 10:23 AM Member: Committee: Version: c3
Event: S Read 3rd time -SJ 736 Time: 03/07/2016 - 10:22 AM Member: Committee: Version: c3
Event: S Placed on 3rd reading Time: 03/04/2016 - 5:16 PM Member: Committee: Version: c3
Event: S Read 2nd time -SJ 722 Time: 03/04/2016 - 5:16 PM Member: Committee: Version: c3
Event: S Substituted for CS/SB 970 -SJ 722 Time: 03/04/2016 - 5:16 PM Member: Committee: Version: c3
Event: S Placed on Calendar, on 2nd reading -SJ 722 Time: 03/04/2016 - 5:16 PM Member: Committee: Version: c3
Event: S Withdrawn from Banking and Insurance; Judiciary; Appropriations -SJ 722 Time: 03/04/2016 - 5:16 PM Member: Committee: Banking and Insurance Version: c3
Event: S Received -SJ 729 Time: 03/04/2016 - 12:46 PM Member: Committee: Version: c3
Event: S Referred to Banking and Insurance; Judiciary; Appropriations -SJ 729 Time: 03/04/2016 - 12:45 PM Member: Committee: Banking and Insurance Version: c3
Event: H Message sent to senate Time: 03/04/2016 - 12:28 PM Member: Committee: Version: c3
Event: S In Messages Time: 03/04/2016 - 12:24 PM Member: Committee: Version: c3
Event: H CS passed; YEAS 116, NAYS 0 Time: 03/04/2016 - 11:04 AM Member: Committee: Version: c3
Event: H Read 3rd time Time: 03/04/2016 - 11:04 AM Member: Committee: Version: c3
Event: H Added to Third Reading Calendar Time: 03/03/2016 - 4:02 PM Member: Committee: Version: c3
Event: H Placed on 3rd reading Time: 03/03/2016 - 1:55 PM Member: Committee: Version: c3
Event: H Read 2nd time Time: 03/03/2016 - 1:55 PM Member: Committee: Version: c3
Event: H Bill added to Special Order Calendar (3/3/2016) Time: 03/01/2016 - 5:09 PM Member: Committee: Version: c3
Event: H Added to Second Reading Calendar Time: 03/01/2016 - 11:48 AM Member: Committee: Version: c3
Event: H Bill referred to House Calendar Time: 03/01/2016 - 11:48 AM Member: Committee: Version: c3
Event: H 1st Reading Time: 02/29/2016 - 5:40 PM Member: Committee: Version: c3
Event: H CS Filed Time: 02/29/2016 - 10:21 AM Member: Committee: Version: c3
Event: H Laid on Table under Rule 7.19(a) Time: 02/29/2016 - 10:21 AM Member: Committee: Version: c2
Event: H Reported out of Regulatory Affairs Committee Time: 02/29/2016 - 10:12 AM Member: Committee: Regulatory Affairs Committee Version: c2
Event: H Favorable with CS by Regulatory Affairs Committee Time: 02/25/2016 - 7:32 PM Member: Committee: Regulatory Affairs Committee Version: c2
Event: H Added to Regulatory Affairs Committee agenda Time: 02/23/2016 - 4:20 PM Member: Committee: Regulatory Affairs Committee Version: c2
Event: H Now in Regulatory Affairs Committee Time: 02/18/2016 - 10:27 AM Member: Committee: Regulatory Affairs Committee Version: c2
Event: H Referred to Regulatory Affairs Committee Time: 02/18/2016 - 10:27 AM Member: Committee: Regulatory Affairs Committee Version: c2
Event: H 1st Reading Time: 02/17/2016 - 8:54 PM Member: Committee: Version: c2
Event: H CS Filed Time: 02/16/2016 - 6:33 PM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.19(a) Time: 02/16/2016 - 6:33 PM Member: Committee: Version: c1
Event: H Reported out of Government Operations Appropriations Subcommittee Time: 02/16/2016 - 6:02 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Favorable with CS by Government Operations Appropriations Subcommittee Time: 02/16/2016 - 11:10 AM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Added to Government Operations Appropriations Subcommittee agenda Time: 02/12/2016 - 4:18 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Now in Government Operations Appropriations Subcommittee Time: 02/05/2016 - 2:50 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H Referred to Regulatory Affairs Committee Time: 02/05/2016 - 2:50 PM Member: Committee: Regulatory Affairs Committee Version: c1
Event: H Referred to Government Operations Appropriations Subcommittee Time: 02/05/2016 - 2:50 PM Member: Committee: Government Operations Appropriations Subcommittee Version: c1
Event: H 1st Reading Time: 02/04/2016 - 5:13 PM Member: Committee: Version: c1
Event: H CS Filed Time: 02/04/2016 - 1:08 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.19(a) Time: 02/04/2016 - 1:08 PM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 02/04/2016 - 12:46 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 02/01/2016 - 7:38 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Added to Insurance & Banking Subcommittee agenda Time: 01/28/2016 - 4:24 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/12/2016 - 8:37 PM Member: Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 12/10/2015 - 1:52 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Regulatory Affairs Committee Time: 12/10/2015 - 1:52 PM Member: Committee: Regulatory Affairs Committee Version: __
Event: H Referred to Government Operations Appropriations Subcommittee Time: 12/10/2015 - 1:52 PM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 12/10/2015 - 1:52 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 11/24/2015 - 9:42 AM Member: Trumbull Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
717.101 CS/SB 970
717.117
717.1235 CS/SB 970
717.1243 CS/SB 970
717.1262 CS/SB 970
717.1333 CS/SB 970
717.135 CS/CS/HB 879, SB 908, CS/SB 970
717.1351 CS/CS/HB 879, SB 908, CS/SB 970
717.1381 CS/SB 970
717.139 CS/SB 970
717.1400 CS/CS/HB 879, SB 908*, CS/SB 970

(*) Not the latest version