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PA HB1189
Bill
Status
6/10/2025
Primary Sponsor
Ryan Bizzarro
Click for details
AI Summary
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Increases the threshold for State Treasurer to return unclaimed property without a formal claim from $500 to $10,000, allowing faster return to identified sole owners of abandoned property.
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Repeals Section 1724-H of the Fiscal Code, which had prohibited the Department of Environmental Protection from spending federal IRA (Inflation Reduction Act) "Solar for All" funds without additional state authorization.
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Amends The Fiscal Code of 1929 (P.L.343, No.176) regarding disposition of abandoned and unclaimed property and 2024-2025 budget implementation.
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Unclaimed property threshold change takes effect in 60 days; repeal of Solar for All restriction takes effect immediately.
Legislative Description
In disposition of abandoned and unclaimed property, further providing for claim for property paid or delivered.
Last Action
Re-referred to Appropriations
6/25/2025