CaliforniaUnclaimed property.
What it does
The Unclaimed Property Law prescribes the circumstances under which property escheats to the state. Existing law provides different requirements for escheatment of various types of property, including the time period for escheatment to the state. Existing law provides that the Controller may liquidate various forms of property after escheatment.
More detail
This bill would increase the time for escheatment of all forms of property to 7 years from the last contact with the owner, as specified. This bill would require the Controller to maintain the property in the form in which it was escheated, as specified.
Where do you stand?
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Where it stands
- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Aug 13August 13 hearing: Held in committee and under submission.Latest
- Aug 5August 5 set for first hearing. Placed on suspense file.
- Jun 16From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (June 16). Re-referred to Com. on APPR.Minor
- Vote recorded Do pass and be re-referred to the Committee on [Appropriations]. Result: pass.Lower
- Jun 4Referred to Com. on JUD.Minor
- May 27In Assembly. Read first time. Held at Desk.Minor
- Vote recorded 3rd Reading. Result: pass.Upper
- May 27Read third time. Passed. (Ayes 39. Noes 0. Page 4501.) Ordered to the Assembly.Passed Senate
- May 19Read second time. Ordered to third reading.Minor
- May 18Read second time and amended. Ordered to second reading.Major
- May 18From committee: Do pass as amended. (Ayes 7. Noes 0. Page 4263.) (May 14).Major
- May 14
- Vote recorded Do pass as amended. Result: pass.Upper
- May 8Set for hearing May 14.
- May 4May 4 hearing: Placed on APPR. suspense file.
- Vote recorded Placed on suspense file. Result: pass.Upper
- Apr 24Set for hearing May 4.
- Apr 22From committee: Do pass and re-refer to Com. on APPR. (Ayes 13. Noes 0. Page 3977.) (April 21). Re-referred to Com. on APPR.Minor
- Apr 21
- Vote recorded Do pass, but first be re-referred to the Committee on [Appropriations]. Result: pass.Upper
- Apr 13From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD.Major
- Apr 9Set for hearing April 21.
- Apr 8Re-referred to Com. on JUD.Minor
- Mar 25From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.Major
- Feb 26Referred to Com. on RLS.Minor
- Feb 13From printer. May be acted upon on or after March 15.
- Feb 12Introduced. Read first time. To Com. on RLS. for assignment. To print.Introduced