IN SB0376 | 2018 | Regular Session
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: Passed on March 14 2018 - 100% progression
Action: 2018-03-14 - Public Law 70
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: Passed on March 14 2018 - 100% progression
Action: 2018-03-14 - Public Law 70
Text: Latest bill text (Enrolled) [PDF]
Summary
Unclaimed property. Provides, for purposes of the unclaimed property act, that a time deposit that is automatically renewable is considered matured upon the expiration of its initial period, unless: (1) the owner has consented to a renewal at the time of the account opening or at about the time of the renewal; and (2) the consent is in writing or is evidenced by the original account agreement or by any memorandum or other record on file with the holder of the account. (Current law does not specify that the owner's consent to renewal can occur at the time of the
Title
Unclaimed property. Provides, for purposes of the unclaimed property act, that a time deposit that is automatically renewable is considered matured upon the expiration of its initial period, unless: (1) the owner has consented to a renewal at the time of the account opening or at about the time of the renewal; and (2) the consent is in writing or is evidenced by the original account agreement or by any memorandum or other record on file with the holder of the account. (Current law does not specify that the owner's consent to renewal can occur at the time of the
Sponsors
Sen. Clyde Perfect [R] | Sen. Travis Holdman [R] | Sen. Eric Bassler [R] | Sen. Elizabeth Brown [R] |
Rep. Charles Burton [R] | Rep. Jeff Ellington [R] | Rep. Carey Hamilton [D] |
Roll Calls
2018-02-27 - House - House - Third reading (Y: 93 N: 0 NV: 3 Abs: 4) [PASS]
2018-02-21 - House - House - Committee Vote (Y: 9 N: 0 NV: 0 Abs: 3) [PASS]
2018-01-29 - Senate - Senate - Third reading (Y: 48 N: 1 NV: 0 Abs: 0) [PASS]
2018-01-18 - Senate - Senate - Committee Vote (Y: 6 N: 0 NV: 0 Abs: 0) [PASS]
2018-02-21 - House - House - Committee Vote (Y: 9 N: 0 NV: 0 Abs: 3) [PASS]
2018-01-29 - Senate - Senate - Third reading (Y: 48 N: 1 NV: 0 Abs: 0) [PASS]
2018-01-18 - Senate - Senate - Committee Vote (Y: 6 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2018-03-14 | Senate | Public Law 70 |
2018-03-14 | Senate | Signed by the Governor |
2018-03-13 | Senate | Signed by the President of the Senate |
2018-03-08 | House | Signed by the Speaker |
2018-03-06 | Senate | Signed by the President Pro Tempore |
2018-02-28 | House | Returned to the Senate without amendments |
2018-02-28 | House | Representative Hamilton added as cosponsor |
2018-02-27 | House | Third reading: passed; Roll Call 250: yeas 93, nays 0 |
2018-02-26 | House | Second reading: ordered engrossed |
2018-02-22 | House | Representative Ellington added as cosponsor |
2018-02-22 | House | Committee report: do pass, adopted |
2018-02-06 | House | First reading: referred to Committee on Financial Institutions |
2018-01-30 | Senate | Referred to the House |
2018-01-29 | Senate | Senator Brown L added as coauthor |
2018-01-29 | Senate | Senator Bassler added as third author |
2018-01-29 | Senate | House sponsor: Representative Burton |
2018-01-29 | Senate | Third reading: passed; Roll Call 89: yeas 48, nays 1 |
2018-01-25 | Senate | Senator Holdman added as second author |
2018-01-22 | Senate | Second reading: ordered engrossed |
2018-01-18 | Senate | Committee report: do pass, adopted |
2018-01-08 | Senate | First reading: referred to Committee on Insurance and Financial Institutions |
2018-01-08 | Senate | Authored by Senator Perfect |