# Illinois HB4057: UNIFORM UNCLAIMED PROPERTY ACT

Illinois HB4057, UNIFORM UNCLAIMED PROPERTY ACT, is a 104th General Assembly (2025–2026) House bill sponsored by Daniel J. Ugaste (Republican); status in committee, last action 2025-05-16 (Referred to Rules Committee) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-HB4057-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois HB4057
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: UNIFORM UNCLAIMED PROPERTY ACT
- Status: in committee
- Chamber: House
- Introduced: 2025-05-16
- Last action: 2025-05-16, Referred to Rules Committee
- Sponsor: Daniel J. Ugaste (Republican)
- Cosponsors: 0
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

If and only if Senate Bill 1667 of the 104th General Assembly becomes law in the form in which it passed the Senate, amends the Revised Uniform Unclaimed Property Act. Excludes from the definition of "finder": (A) a person holding a durable power of attorney of a person who is medically incapacitated; (B) a bankruptcy trustee, bankruptcy estate representative, or other person or business association authorized pursuant to the Bankruptcy Title of the U.S. Code or an order of a bankruptcy court to act on behalf of or for the benefit of the reported owner's creditors and bankruptcy estate, or the successor or assignee thereof; (C) an assignee for the benefit of a business association's creditors pursuant to applicable state or federal law, or the successor or assignee thereof; (D) a court-ordered receiver for a business association, or the successor or assignee thereof; (E) a survivor, corporate designee, assignee, successor, governor, or delegate of a business association pursuant to a merger, conversion, acquisition, divestiture, joint venture, assignment, wind-down, resolution, or corporate reorganization, or the successor or assignee thereof; (F) an employee of an owner; and (G) any other person that is entitled to receive the property under other law, court order, or policy.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Daniel J. Ugaste (Republican), House

## Actions (3)

- 2025-05-16: Referred to Rules Committee (House)
- 2025-05-16: First Reading (House)
- 2025-05-16: Filed with the Clerk by Rep. Daniel J. Ugaste (House)

## Bill text

- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4057.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB4057.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-HB4057-2025-2026 (as of 2026-11-01).
