VirginiaHB16402025 Regular SessionHouse

Virginia Disposition of Unclaimed Property Act; administrator to exercise due diligence to locate owner.

Sponsored By: C.E. Cliff Hayes, Jr. (Democratic)

Failed

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.

Finance and Appropriations

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • C.E. Cliff Hayes, Jr.

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 156 • No: 0

Senate vote • 2/11/2025

Passed by indefinitely in Finance and Appropriations

Yes: 15 • No: 0

Senate vote • 2/5/2025

Reported from General Laws and Technology and rereferred to Finance and Appropriations

Yes: 15 • No: 0

House vote • 1/27/2025

Read third time and passed House Block Vote

Yes: 97 • No: 0

House vote • 1/21/2025

Reported from General Laws

Yes: 21 • No: 0

House vote • 1/16/2025

Subcommittee recommends reporting

Yes: 8 • No: 0 • Other: 1

Actions Timeline

  1. Passed by indefinitely in Finance and Appropriations (15-Y 0-N)

    2/11/2025Senate
  2. Reported from General Laws and Technology and rereferred to Finance and Appropriations (15-Y 0-N)

    2/5/2025Senate
  3. Referred to Committee on General Laws and Technology

    1/28/2025Senate
  4. Constitutional reading dispensed (on 1st reading)

    1/28/2025Senate
  5. Read third time and passed House Block Vote (97-Y 0-N)

    1/27/2025House
  6. Read second time and engrossed

    1/24/2025House
  7. Read first time

    1/23/2025House
  8. Reported from General Laws (21-Y 0-N)

    1/21/2025House
  9. Subcommittee recommends reporting (8-Y 0-N)

    1/16/2025House
  10. Fiscal Impact Statement from Department of Planning and Budget (HB1640)

    1/15/2025House
  11. Assigned GL sub: Housing/Consumer Protection

    1/13/2025House
  12. Referred to Committee on General Laws

    1/3/2025House
  13. Prefiled and ordered printed; Offered 01-08-2025 25102249D

    1/3/2025House

Bill Text

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