Disposition of unclaimed property; intangible property held by locality. (HB366)
Introduced By
Del. Glenn Davis (R-Virginia Beach) with support from co-patron Sen. Frank Wagner (R-Virginia Beach)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Disposition of unclaimed property held by locality. Limits the duty of a county, city, or town to report and remit abandoned intangible property by providing that intangible property that is held by a locality for the owner and that has remained unclaimed by the owner for more than one year after it became payable is presumed abandoned only if its value exceeds $25. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/05/2016 | Prefiled and ordered printed; offered 01/13/16 16102440D |
01/05/2016 | Referred to Committee on General Laws |
01/13/2016 | Impact statement from DHCD (HB366) |
01/18/2016 | Assigned to sub: Subcommittee #1 |
01/18/2016 | Assigned GL sub: Subcommittee #1 |
01/20/2016 | Impact statement from DPB (HB366) |
02/09/2016 | Subcommittee recommends striking from docket |
02/11/2016 | Stricken from docket by General Laws |