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HI HB1130

Bill

Status

Introduced

1/24/2019

Primary Sponsor

Rida Cabanilla Arakawa

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Requires unclaimed property valued under $100 to automatically escheat to the State and be transferred to the general fund.

  • Amends Hawaii Revised Statutes section 523A-10(c) to eliminate the requirement that the administrator advertise owners of property with a total value less than $100.

  • Applies to unclaimed property including traveler's checks, money orders, and similar instruments valued under $100.

  • Takes effect upon approval.

Legislative Description

Relating To Unclaimed Property.

Unclaimed Property

Last Action

Carried over to 2020 Regular Session.

12/1/2019

Committee Referrals

Judiciary1/28/2019

Full Bill Text

No bill text available