Virginia Disposition of Unclaimed Property Act; administrator to exercise due diligence to locate owner.
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What it does
Official summary
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 the Tax Commissioner to provide the Department of the Treasury with relevant tax information for the purposes of locating such owner.
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More on this bill
Where it stands
Introduced
Passed House
3Passed Senate
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Feb 11Passed by indefinitely in Finance and Appropriations (15-Y 0-N)Latest
Vote recorded Passed by indefinitely in Finance and Appropriations (15-Y 0-N). Result: pass.Upper
Feb 5Reported from General Laws and Technology and rereferred to Finance and Appropriations (15-Y 0-N)Minor
Vote recorded Reported from General Laws and Technology and rereferred to Finance and Appropriations (15-Y 0-N). Result: pass.Upper
Jan 28Referred to Committee on General Laws and TechnologyMinor
Jan 28Constitutional reading dispensed (on 1st reading)
Jan 27Read third time and passed House (97-Y 0-N)Passed House
Vote recorded Read third time and passed House (97-Y 0-N). Result: pass.Lower
Jan 24Read second time and engrossedMinor
Jan 23Read first timeMinor
Jan 21Reported from General Laws (21-Y 0-N)Minor
Vote recorded Reported from General Laws (21-Y 0-N). Result: pass.Lower
Jan 16Subcommittee recommends reporting (8-Y 0-N)
Vote recorded Subcommittee recommends reporting (8-Y 0-N). Result: pass.Lower
Jan 15Fiscal Impact Statement from Department of Planning and Budget (HB1640)
Jan 13Assigned GL sub: Housing/Consumer ProtectionMinor
Jan 3Referred to Committee on General LawsMinor
Jan 3Prefiled and ordered printed; Offered 01-08-2025 25102249DIntroduced