Eduardo Garcia
- Democratic
- Assemblymember
- District 36
Author
Existing law, the Unclaimed Property Law, governs the disposition of unclaimed property, including the escheat of certain property to the state. Existing law provides for the escheat to the state of the contents of, or proceeds of sale of the contents of, any safe deposit box or any other safekeeping repository held in the state by a business association, as specified. In cases where the contents of a safe deposit box or other safekeeping repository escheat to the state, existing law requires the business association to report to the Controller certain information regarding the property and owner, including a description of the property and the place where it is held and may be inspected by the Controller. Within 165 days after the final date for filing the report, existing law requires the Controller to mail a notice to each person having an address listed in the report who appears to be entitled to property escheated, as specified. This bill would additionally authorize the Controller to mail a separate notice to an apparent owner of a United States savings bond, war bond, or military award inside a safe deposit box or other safekeeping repository whose name is shown on or can be associated with the contents of a safe deposit box or other safekeeping repository and is different from the name of the reported owner.
Approved by the Governor.
Chaptered by Secretary of State - Chapter 297, Statutes of 2015.
Enrolled and presented to the Governor at 4 p.m.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 80. Noes 0. Page 2733.).
Assembly Rule 77 suspended. (Page 2729.)
Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2291.).
In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 2 pursuant to Assembly Rule 77.
Read second time. Ordered to third reading.
Read third time and amended. Ordered to second reading.
Ordered to third reading.
From Consent Calendar.
Read second time. Ordered to Consent Calendar.
From committee: Be placed on second reading file pursuant to Senate Rule 28.8 and ordered to consent calendar.
Read second time and amended. Re-referred to Com. on APPR.
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (June 16).
In committee: Set, first hearing. Hearing canceled at the request of author.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 714.)
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 10. Noes 0.) (March 24).
From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
From printer. May be heard in committee March 20.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB355 | HTML |
| 02/17/15 - Introduced | |
| 03/17/15 - Amended Assembly | |
| 05/26/15 - Amended Senate | |
| 06/23/15 - Amended Senate | |
| 08/19/15 - Amended Senate | |
| 09/03/15 - Enrolled | |
| 09/21/15 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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