HB1640
Virginia Disposition of Unclaimed Property Act; administrator to exercise due diligence to locate owner.
Summary
As Introduced. Virginia Disposition of Unclaimed Property Act; administrator to exercise due diligence to locate owner.
Requires the State Treasurer or his designee to exercise due diligence to locate the owner of unclaimed funds or abandoned property previously paid or delivered to the State Treasurer or his designee. Such exercise of due diligence shall include, if necessary, that the State Treasurer or his designee coordinate with ... (More) the Tax Commissioner to provide the Department of the Treasury with relevant tax information for the purposes of locating such owner. (Less)-
Bill History
- 01/03/2025 - House: Prefiled and ordered printed; Offered 01-08-2025 25102249D
- 01/03/2025 - House: Referred to Committee on General Laws
- 01/13/2025 - House: Assigned GL sub: Housing/Consumer Protection
- 01/14/2025 - House: Placed on General Laws Agenda
- 01/15/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB1640)
- 01/16/2025 - House: Subcommittee recommends reporting (8-Y 0-N)
- 01/20/2025 - House: Placed on General Laws Agenda
- 01/21/2025 - House: Reported from General Laws (21-Y 0-N)
- 01/23/2025 - House: Read first time
- 01/24/2025 - House: Read second time and engrossed
- 01/27/2025 - House: Read third time and passed House (97-Y 0-N)
- 01/28/2025 - Senate: Constitutional reading dispensed (on 1st reading)
- 01/28/2025 - Senate: Referred to Committee on General Laws and Technology
- 02/05/2025 - Senate: Reported from General Laws and Technology and rereferred to Finance and Appropriations (15-Y 0-N)
- 02/05/2025 - Senate: Rereferred to Finance and Appropriations
- 02/11/2025 - Senate: Passed by indefinitely in Finance and Appropriations (15-Y 0-N)
