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CA AR79

Resolution

Status

Passed

2/5/2026

Primary Sponsor

Avelino Valencia

Click for details

Origin

State Assembly

2025-2026 Regular Session

AI Summary

  • Designates February 2026 as Unclaimed Property Month in California
  • California currently holds over $15.485 billion in unclaimed property, including uncashed checks, insurance proceeds, and other abandoned financial assets
  • The State Controller holds more than 93.6 million properties for California's population of over 39 million residents
  • The Controller's Unclaimed Property Program returned more than $534 million to rightful owners last year
  • Encourages Californians to search for their unclaimed property at www.claimit.ca.gov

Legislative Description

Relative to Unclaimed Property Month.

Last Action

Read. Adopted.

2/5/2026

Committee Referrals

Rules2/2/2026

Full Bill Text

No bill text available