Cliff Hayes
- Democratic
- Delegate
- District 91
Primary
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.
A BILL to amend the Code of Virginia by adding a section numbered 55.1-2526.1, relating to Virginia Disposition of Unclaimed Property Act; administrator to exercise due diligence to locate owner.
Passed by indefinitely in Finance and Appropriations (15-Y 0-N)
Reported from General Laws and Technology and rereferred to Finance and Appropriations (15-Y 0-N)
Referred to Committee on General Laws and Technology
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (97-Y 0-N)
Read second time and engrossed
Read first time
Reported from General Laws (21-Y 0-N)
Subcommittee recommends reporting (8-Y 0-N)
Fiscal Impact Statement from Department of Planning and Budget (HB1640)
Assigned GL sub: Housing/Consumer Protection
Prefiled and ordered printed; Offered 01-08-2025 25102249D
Referred to Committee on General Laws
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Document | Format |
|---|---|
| Fiscal Impact Statement from Department of Planning and Budget (HB1640) |
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