Unclaimed property; payment of property of deceased owner. (HB1020)

Introduced By

Del. Tag Greason (R-Potomac Falls)

Progress

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

Description

Unclaimed property; payment of property of deceased owner. Provides a means for the State Treasurer to pay unclaimed property of a deceased owner to a claimant who provides certain evidence of his entitlement to payment, including (i) a certificate of qualification as the executor or an order of appointment as the administrator or personal representative of the decedent's estate; (ii) an affidavit authorizing the claimant to be the designated successor under the Small Estate Act that names the claimant as the designated successor; or (iii) the order of distribution or the final accounting for a closed estate that reflects payment is due in whole or in part to the claimant. If no such evidence is available and the owner of the property died at least one year prior to the filing of the claim and the amount claimed is $15,000 or less, the claimant may submit an affidavit stating his claim to the property, and the State Treasurer may approve and pay such claim at his discretion. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/13/2016Committee
01/13/2016Prefiled and ordered printed; offered 01/13/16 16100475D
01/13/2016Referred to Committee for Courts of Justice
01/18/2016Impact statement from DPB (HB1020)
01/20/2016Assigned to sub: Civil Law
01/20/2016Assigned App. sub: Civil Law
01/20/2016Assigned Courts sub: Civil Law
02/01/2016Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
02/03/2016Reported from Courts of Justice with amendments (21-Y 0-N) (see vote tally)
02/05/2016Read first time
02/08/2016Read second time
02/08/2016Committee amendments agreed to
02/08/2016Engrossed by House as amended HB1020E
02/08/2016Printed as engrossed 16100475D-E
02/09/2016Impact statement from DPB (HB1020E)
02/09/2016Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/09/2016VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/10/2016Constitutional reading dispensed
02/10/2016Referred to Committee for Courts of Justice
02/24/2016Reported from Courts of Justice with amendment (15-Y 0-N) (see vote tally)
02/26/2016Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/29/2016Read third time
02/29/2016Reading of amendment waived
02/29/2016Committee amendment agreed to
02/29/2016Engrossed by Senate as amended
02/29/2016Reconsideration of Senate passage agreed to by Senate (38-Y 0-N) (see vote tally)
02/29/2016Passed Senate with amendment (38-Y 0-N) (see vote tally)
03/01/2016Placed on Calendar
03/02/2016Senate amendment agreed to by House (99-Y 0-N)
03/02/2016VOTE: ADOPTION (99-Y 0-N) (see vote tally)
03/03/2016Enrolled
03/03/2016Bill text as passed House and Senate (HB1020ER)
03/03/2016Impact statement from DPB (HB1020ER)
03/03/2016Signed by Speaker
03/06/2016Signed by President
03/07/2016Enrolled Bill communicated to Governor on 3/7/2016
03/07/2016G Governor's Action Deadline Midnight, Sunday, April 10, 2016
03/29/2016G Approved by Governor-Chapter 529 (effective 7/1/16)
03/29/2016G Acts of Assembly Chapter text (CHAP0529)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 45 seconds.

Transcript

This is a transcript of the video clips in which this bill is discussed.



Del. Bill Howell (R-Fredericksburg): GENTLEMAN FROM LOUDOUN, MR. GREASE ON.

[Unknown]: THANK YOU, MR. SPEAKER, WE SENT THIS BILL OUT UNANIMOUSLY AND THE SENATE ADDED, I THINK A GOOD AMENDMENT. IF YOU LOOK IN YOUR CALENDAR FOR THOSE OF US NONLAWYERS, THESE WORDS MAKE SENSE TO ME. THE STATE TREASURER SHALL DEVELOP AND MAKE AVAILABLE IN PLAIN ENGLISH AN EXPLANATION OF THE PERSON'S RIGHTS TO MAKE A CLAIM. I LIKE THE AMENDMENT AND ASK THAT YOU ACCEPT THE AMENDMENT.

Del. Bill Howell (R-Fredericksburg): SHALL YOU GUYS ACCEPT THE AMENDMENT? CLERK WILL CLOSE THE ROLL.

[Unknown]: AYE, 99, NO. 0.