KY HB456

Designates the fourth week of September each year as "Unclaimed Property Week" in Kentucky

Removes the requirement that the State Treasurer reside at the seat of government, while maintaining the requirement to keep an office there

Eliminates the exemption for "mineral proceeds" from unclaimed property laws, while retaining exemptions for minerals/raw materials used for fuel in manufacturing, processing, production, or mining

Expands penalties for fraudulent unclaimed property reports to also cover reports that fail to provide all necessary information in the holder's possession

Civil penalties for violations include $1,000 per day up to $25,000 maximum, plus 25% of the unreported or underreported property value