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OK SB2063

Bill

Status

Introduced

2/2/2026

Primary Sponsor

Casey Murdock

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Requires the State Treasurer to publish detailed unclaimed property information on a public website immediately upon deposit, including owner name, complete last-known address, property type, cash value, holder name and contact information, and year reported

  • Eliminates the previous 12-month waiting period before unclaimed property records become publicly available

  • Allows claimants or their representatives to request an administrative hearing under the Administrative Procedures Act after a claim is denied, after 90 days pass without a determination, or upon receiving a request for additional information from the State Treasurer

  • Requires the State Treasurer to respond to hearing requests within 30 days and to post annual totals of property remitted and returned to owners on the public website

  • Removes "duly executed power of attorney" from the definition of "claimant's representative" written agreement requirements and effective date is November 1, 2026

Legislative Description

Uniformed Unclaimed Property Act; modifying required information to be filed with deposits. Effective date.

Last Action

Placed on General Order

2/25/2026

Committee Referrals

Revenue and Taxation2/3/2026

Full Bill Text

No bill text available