Friday, May 16, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

HB2002: Bank account balances of deceased persons; increases amount bank may distribute to distributee, etc.

Chief Patron

Del. Terry Kilgore (R-1)

Terry Kilgore (R-1)
Gate City, VA
Served: 1994–

Progress

Yes Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

Bill is Dead

View Entire History

Summary

Bank account balances of deceased persons.  Increases the amount in a deceased person's bank account that the bank may distribute to the person's spouse or distributee, after 60 days following the person's death, if there has been no qualification on the person's estate, from $15,000 to the amount established as the value of personal probate estates for which certain actions are authorized under the Virginia Small Estate Act, which amount is currently $50,000.

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Bill Text