ArkansasSB142025 Regular SessionSenateWALLET

TO ALLOW FOR THE DIRECT PAYMENT OR DELIVERY OF PROPERTY TO AN APPARENT OWNER UNDER THE UNCLAIMED PROPERTY ACT IN CERTAIN CIRCUMSTANCES.

Sponsored By: Dave Wallace (Republican), Jon Milligan (Republican)

Enacted

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Unclaimed property owners may receive direct returns

Arkansas’s unclaimed-property administrator may return property worth less than $5,000 directly to someone who has not filed a claim. The person must be named as the apparent owner in a report filed under the state’s unclaimed-property law. The administrator must reasonably believe the person is entitled to the property. This option cannot be used to pay or deliver property to another state or for another state’s benefit.

Sponsors & Cosponsors

Sponsors

  • Dave Wallace

    Republican • Senate

  • Jon Milligan

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 132 • No: 0

House vote • 2/13/2025

House Vote - Thursday, February 13, 2025 2:34:53 PM

Yes: 98 • No: 0

Senate vote • 1/30/2025

Senate Vote - Thursday, January 30, 2025 11:22:44 AM

Yes: 34 • No: 0

Actions Timeline

  1. Notification that SB14 is now Act 114

    2/18/2025Senate
  2. DELIVERED TO GOVERNOR.

    2/13/2025Senate
  3. Reported correctly enrolled and ordered delivered to the Governor.

    2/13/2025Senate
  4. ORDERED ENROLLED

    2/13/2025Senate
  5. Returned from the House as passed.

    2/13/2025Senate
  6. Returned to the Senate as passed.

    2/13/2025House
  7. Read the third time and passed and ordered transmitted to the Senate.

    2/13/2025House
  8. Returned by the Committee Do Pass

    2/12/2025House
  9. Read the first time, rules suspended, read the second time and referred to the Committee on STATE AGENCIES & GOVT'L AFFAIRS- HOUSE

    1/30/2025House
  10. RECEIVED FROM THE SENATE

    1/30/2025House
  11. Ordered immediately transmitted to the House.

    1/30/2025Senate
  12. Read the third time and passed.

    1/30/2025Senate
  13. Returned by the Committee, with the recommendation that it Do Pass

    1/29/2025Senate
  14. Read first time, rules suspended, read second time, referred to JUDICIARY COMMITTEE - SENATE

    1/13/2025Senate
  15. Filed

    12/18/2024Senate

Bill Text

  • SB14 - Introduced

    12/18/2024

  • Act Version

Related Bills

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