2025 bills / H.B. 506
H.B. 506 Unclaimed Property Amendments (2025)
- Introduced
- House committee
- House vote
- Senate committee
- Senate vote (stopped here)
- Signed into law
What this bill does
This bill lets the State Tax Commission share certain identifying information with the state's unclaimed property administrator so that unclaimed property can be returned to its owners. It also changes the dates on which property held in certain tax-deferred and tax-exempt accounts is treated as abandoned, and makes some technical edits.
Plain-English summary written by AI from the official description. Check the official text below.
Official description
- provides for the State Tax Commission to share certain identifying information with the unclaimed property administrator for purposes of returning unclaimed property
- modifies dates on which unclaimed property held in certain tax-deferred and tax-exempt accounts is presumed abandoned
- makes technical changes
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Every vote
- 11 yes, 0 noHouse Revenue and Taxation Committee: vote to approve it · 2/20/2025 4:44 PMWho voted how
- 11 yes, 0 noHouse Revenue and Taxation Committee: Consent Calendar Recommendation · 2/20/2025 4:45 PMWho voted how
- 64 yes, 0 no, 11 absentFinal House vote · 2/24/2025 11:02 AMWho voted how
- 6 yes, 0 no, 1 absentSenate Government Operations and Political Subdivisions Committee: vote to approve it · 3/3/2025 9:13 AMWho voted how