SB867
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. This bill was incorporated into SB 996. (Less)-
Bill History
- 01/03/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25103039D
- 01/03/2025 - Senate: Referred to Committee on General Laws and Technology
- 01/15/2025 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB867)
- 01/22/2025 - Senate: Incorporated by General Laws and Technology (SB996-Williams Graves) (15-Y 0-N)
