# Maryland SB 0665: Maryland Uniform Disposition of Abandoned Property Act – Revisions

Maryland SB 0665, Maryland Uniform Disposition of Abandoned Property Act – Revisions, is a 2025 Regular Session Senate bill sponsored by no sponsor on record; status signed, last action 2025-05-20 (Approved by the Governor - Chapter 635); PRIA reads it as touching household money (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/MD-SB0665-2025RS
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Maryland SB 0665
- State: Maryland
- Session: 2025 Regular Session
- Title: Maryland Uniform Disposition of Abandoned Property Act – Revisions
- Status: signed
- Chamber: Senate
- Introduced: 2025-01-29
- Last action: 2025-05-20, Approved by the Governor - Chapter 635
- Sponsors: no sponsor on record
- Cosponsors: 0
- Subjects: Commercial Law - Generally, Abandoned Property, Agents and Brokers, Beneficiaries, Checks, Circuit Courts, Civil Actions -see also- Small Claims, Claims, Communications -see also- ElecComm; Intergov; Telecom; etc., Comptroller, Contracts -see also- Procurement, Cryptocurrency, Cybersecurity, Death -see also- Homicide; Murder; Wrongful Death, Debt Management, Disclosure, Electronic Commerce -see also- Electronic Funds Transfer, Electronic Communication, Electronic Documents, Electronic Funds Transfer, Electronic Government, Evidence, Financial Institutions -see also- Banks; Credit Unions; etc., Hearings, Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins, Investments -see also- Securities, Notices, Personal Property, Postal Service, Records -see also- Land Records; Vital Records, Retirement -see also- Mandatory Retirement, Securities, Telecommunications and Information Technology, Time
- Touches household money: yes
- Roll calls: 3 (225 yes, 0 no in all)
- Economic provisions PRIA read: 11

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Public notices cover smaller unclaimed amounts: benefit, low. Beginning October 1, 2025, Maryland lowers its unclaimed-property publication threshold from $100 to $50. Items worth $50 to less than $100 no longer fall below that threshold. The Comptroller need not publish notices for items below $50, but may do so in the public interest.
- Small property claims can skip forms: benefit, low. Beginning October 1, 2025, the Comptroller may waive claim filing for property or payments worth $5,000 or less. The recipient must be the apparent owner listed in a required report. The Comptroller must reasonably believe that person is entitled to payment; the waiver is not automatic. For allowed…
- Maryland reserves money for property claims: benefit, low. Beginning October 1, 2025, Maryland must retain up to $5 million each fiscal year from unclaimed-property proceeds for technology costs. Covered uses include cybersecurity, customer-relations systems, and unclaimed-property management. The Comptroller must also reserve the amount reasonably estimat…
- Gift cards stay outside property claims: cost, low. Beginning October 1, 2025, gift cards and gift certificates are excluded from property covered by Maryland's abandoned-property law. Their balances are not handled through this law's state unclaimed-property process.
- Unclaimed money pays government debts first: cost, low. Beginning October 1, 2025, Maryland must apply unclaimed property or sale proceeds to identified or certified government debts before returning money. Covered debts include unpaid State, county, and city taxes. The law removes the old $100 threshold, so even smaller amounts can go toward debts. The…
- Dormant cryptocurrency must be sold: cost, low. Beginning October 1, 2025, virtual currency is presumed abandoned after five years without an owner's indication of interest. The holder must sell it within 30 days before filing the required report and send Maryland the proceeds. Any later gains belong to the holder. Owners cannot recover those ga…
- Account activity counts, with new limits: mixed, low. Beginning October 1, 2025, account use, account changes, messages, and insurance premium payments can show continued owner interest. Oral contacts count only when the holder records and keeps them at the time. Automatic deposits or withdrawals count only with prior owner approval; automatic dividen…
- Address records guide unclaimed property custody: mixed, low. Beginning October 1, 2025, a state code can establish an owner's last-known state even without a usable mailing address. A Maryland post-office ZIP code can point to Maryland unless related records specifically show a physical address in another state. The law repeals the old, broader insurance-ben…
- Dormant retirement accounts get contact safeguards: mixed, low. Beginning October 1, 2025, the payee is treated as the owner of a qualifying tax-deferred pension or retirement account. Abandonment timing depends on returned mail and, when applicable, age-72 or death-related required-distribution periods. Holders must try to confirm reported deaths within 90 day…
- Insurers check deaths and transfer unclaimed funds: mixed, low. Beginning October 1, 2025, insurers must check insured people and annuity holders against the Death Master File annually and record comparison dates. Qualifying matches establish presumed death unless the insurer has strong evidence the person is alive; contract claims are still required. Life, end…
- Property claims get court review deadlines: mixed, low. Beginning October 1, 2025, claimants generally must file Maryland's form and verify that their claim is complete and accurate. The Comptroller must notify claimants of decisions; denials must explain the reason and identify additional evidence needed. Claimants may amend their claims, with an amend…

## Sponsors and cosponsors

- (none)

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-02 | Senate | Third Reading Passed | pass | 47 | 0 |   |
| 2025-03-31 | House | Third Reading Passed | pass | 132 | 0 | 3 |
| 2025-02-27 | Senate | Third Reading Passed | pass | 46 | 0 | 1 |

## Actions (16)

- 2025-05-20: Approved by the Governor - Chapter 635
- 2025-04-02: Passed Enrolled (Senate)
- 2025-04-02: Third Reading Passed (47-0) (Senate)
- 2025-04-02: Senate Concurs House Amendments (Senate)
- 2025-03-31: Third Reading Passed (132-0) (House)
- 2025-03-28: Second Reading Passed with Amendments (House)
- 2025-03-28: Favorable with Amendments {193529/1 Adopted (House)
- 2025-03-28: Favorable with Amendments Report by Health and Government Operations (House)
- 2025-03-15: Hearing 3/25 at 1:00 p.m. (House)
- 2025-02-28: Referred Health and Government Operations (House)
- 2025-02-27: Third Reading Passed (46-0) (Senate)
- 2025-02-25: Second Reading Passed (Senate)
- 2025-02-25: Favorable Adopted (Senate)
- 2025-02-24: Favorable Report by Finance (Senate)
- 2025-01-30: Hearing 2/13 at 1:00 p.m. (Senate)
- 2025-01-29: First Reading Finance (Senate)

## Bill text

- Enacted, 2025-05-20: [PDF](https://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_635_sb0665e.pdf)
- Enrolled, 2025-04-02: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0665e.pdf)
- Third Reading, 2025-02-25: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0665t.pdf)
- First Reading, 2025-01-29: [PDF](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0665f.pdf)

## Related bills

- HB 0384: Maryland Disability Service Animal Program - Established (vetoed)
- SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions (vetoed)
- HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination Review Process (vetoed)
- SB 0157: Maryland Disability Service Animal Program - Established (vetoed)
- HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization (became law)
- HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard (signed)

## Sources
- [Enacted (PDF)](https://mgaleg.maryland.gov/2025RS/Chapters_noln/CH_635_sb0665e.pdf)
- [Enrolled (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0665e.pdf)
- [Third Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0665t.pdf)
- [First Reading (PDF)](https://mgaleg.maryland.gov/2025RS/bills/sb/sb0665f.pdf)

## Related
- [HB 0384: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-HB0384-2025RS)
- [SB 0227: Workers' Compensation - Payment From Uninsured Employers' Fund - Revisions](https://policyrisk.com/state-bill/MD-SB0227-2025RS)
- [HB 0482: Occupational Licensing and Certification - Criminal History - Predetermination…](https://policyrisk.com/state-bill/MD-HB0482-2025RS)
- [SB 0157: Maryland Disability Service Animal Program - Established](https://policyrisk.com/state-bill/MD-SB0157-2025RS)
- [HB 1294: Commercial Law - Credit Regulation - Earned Wage Access and Credit Modernization](https://policyrisk.com/state-bill/MD-HB1294-2025RS)
- [HB 0228: Maryland Veterans Trust – Assistance to Members of the Maryland National Guard](https://policyrisk.com/state-bill/MD-HB0228-2025RS)
- [Maryland bills](https://policyrisk.com/states/maryland/bills)
- [Maryland state hub](https://policyrisk.com/states/maryland)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/MD-SB0665-2025RS (as of 2026-10-17).