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Unclaimed property: electronic funds transfer.

It became law on Jul 16, 2021.

CA SB 308 · Senate Bill · 2021–2022

Stage
Became law
Started in
Senate
Sponsor
1
Latest action
Jul 16, 2021

What it does

Existing law requires a person holding funds or other property escheated to the state to file a report with the Controller and to pay or deliver the escheated property to the Controller within a specified time, unless another person establishes their right to the property. Existing law requires any payment to the Controller of at least $20,000 in unclaimed cash to be made by electronic funds transfer.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jul 16, 2021

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Unclaimed property: electronic funds transfer. | 52