OklahomaSB 999Oklahoma 2026 Regular SessionSenateWALLET

Property; modifying provisions of the Uniform Unclaimed Property Act. Effective date.

Sponsored By: Casey Murdock (Republican)

Became Law

Senate Committee

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Bill Overview

Analyzed Economic Effects

5 provisions identified: 0 benefits, 0 costs, 5 mixed.

Claim forms required, direct returns allowed

You must use the Oklahoma State Treasurer’s claim form; using another form makes the claim invalid. Include a readable copy of your valid driver license, or accepted alternative identification or evidence if you lack one. A representative filing for you must include a signed written agreement, including a power of attorney. The Treasurer may waive claim requirements and send property directly to someone listed as its apparent owner in a report. The Treasurer must reasonably believe that person is entitled to the property and verify their identity and address.

Claimants get denial notices and hearing rules

The Treasurer must send written notice of full or partial denials to claimants and their representatives, when applicable, by email or mail. No denial notice is required when the claim provides neither a notice address nor a claimant address. The Treasurer may hold a hearing; you or your representative must show entitlement is more likely than not. Hearings on denied claims follow the Administrative Procedures Act’s rules for admitting evidence in contested cases. After a hearing, the Treasurer must issue written findings and reasons in a public decision that is the agency’s final decision.

Heirs face proof rules and affidavit options

Beginning November 1, 2025, claims for deceased owners require court or other lawful documents showing entitlement before payment or delivery. Property worth $10,000 or more when paid also requires a certified death record from a government office maintaining those records. Claimants may use Oklahoma’s specified small-estate affidavit for accounts previously held by banks, credit unions, or savings and loan associations. This replaces the prior claimant-affidavit requirement for property worth $25,000 or less.

Recovery helpers need contracts; payments have deadlines

Recovery-service agreements made on or after November 1, 2021 must be written and signed by the claimant, by hand or electronically. Helper fees are capped at 25% of recovered value, and mineral proceeds are excluded from these fees. For approved representative-filed claims, the Treasurer pays you the balance after deducting the representative’s agreed amount. Both you and the representative must be paid within 60 days after approval, following the written agreement. The representative’s fees and costs may be paid by paper check or another Treasurer-approved method.

Safe-deposit claimants get copies and release options

The Treasurer must provide requested copies of wills, trusts, codicils, or amendments received from safe-deposit boxes or safekeeping repositories. You or your representative must provide evidence of the document maker’s death and your apparent ownership. Box contents may be released directly to you, or to your representative or a commercial carrier with your written authorization. Any lien owed to the box lessor must be paid before release. Alternatively, you or your representative may choose deduction of the lien at the next scheduled auction, with the remaining value distributed.

Sponsors & Cosponsors

Sponsor

  • Casey Murdock

    Republican • Senate

Cosponsors

  • Archer

    Affiliation unavailable

  • Hilbert

    Affiliation unavailable

  • Shane Jett

    Republican • Senate

  • Josh West

    Affiliation unavailable

  • Moore

    Affiliation unavailable

Roll Call Votes

All Roll Calls

Yes: 201 • No: 2

Senate vote • 5/20/2025

FOURTH READING

Yes: 42 • No: 1

House vote • 4/30/2025

THIRD READING

Yes: 85 • No: 0

House vote • 4/24/2025

DO PASS

Yes: 13 • No: 0

House vote • 4/8/2025

DO PASS

Yes: 7 • No: 1

Senate vote • 3/24/2025

THIRD READING

Yes: 46 • No: 0

Senate vote • 3/4/2025

THE OKLAHOMA STATE SENATE

Yes: 8 • No: 0

Actions Timeline

  1. Becomes law without Governor's signature 05/28/2025

    5/28/2025Senate
  2. Sent to Governor

    5/21/2025Senate
  3. Signed, returned to Senate

    5/21/2025House
  4. Enrolled, to House

    5/21/2025Senate
  5. Referred for enrollment

    5/20/2025Senate
  6. Measure passed: Ayes: 42 Nays: 1

    5/20/2025Senate
  7. HAs adopted

    5/20/2025Senate
  8. HAs read

    5/1/2025Senate
  9. Engrossed, signed, to Senate

    5/1/2025House
  10. Referred for engrossment

    4/30/2025House
  11. Third Reading, Measure passed: Ayes: 85 Nays: 0

    4/30/2025House
  12. General Order

    4/30/2025House
  13. Coauthored by Representative(s) Hilbert, Moore, West (Josh)

    4/24/2025House
  14. CR; Do Pass, amended by committee substitute Government Oversight Committee

    4/24/2025House
  15. Title restored

    4/8/2025House
  16. Policy recommendation to the Government Oversight committee; Do Pass, amended by committee substitute General Government

    4/8/2025House
  17. Referred to General Government

    4/1/2025House
  18. Second Reading referred to Government Oversight

    4/1/2025House
  19. First Reading

    3/25/2025House
  20. Engrossed to House

    3/25/2025Senate
  21. Referred for engrossment

    3/24/2025Senate
  22. Measure passed: Ayes: 46 Nays: 0

    3/24/2025Senate
  23. General Order, Considered

    3/24/2025Senate
  24. Coauthored by Representative Archer (principal House author)

    3/10/2025Senate
  25. Placed on General Order

    3/6/2025Senate

Bill Text

  • Enrolled (final version)

    5/21/2025

  • Amended And Engrossed

    5/1/2025

  • Floor (House)

    4/25/2025

  • House Committee Report

    4/24/2025

  • House Committee Substitute for Senate Bill

    4/24/2025

  • House Policy Committee Report

    4/8/2025

  • Engrossed

    3/25/2025

  • Floor (Senate)

    3/5/2025

  • Senate Committee Report

    3/4/2025

  • Introduced

    1/16/2025

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