FL H0729

Reduces the aggregate value threshold for small estate accounts from $10,000 to $5,000 in section 717.1243, Florida Statutes.

Limits fees and costs for unclaimed property recovery services to 20 percent per account, with a maximum fee cap of $1,000 for accounts owned by natural persons residing in the United States.

Requires powers of attorney for unclaimed property recovery to include specific disclosures about the Bureau of Unclaimed Property, property holder information, and categories of unclaimed property being claimed.

Adds requirement that powers of attorney must include the name and address for warrant issuance if different from the claimant's information.

Repeals section 717.1381, Florida Statutes, relating to unclaimed property powers of attorney and purchase agreements; effective July 1, 2015.