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]

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

Tracking Information

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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


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]

History

DateChamberAction
2018-03-14SenatePublic Law 70
2018-03-14SenateSigned by the Governor
2018-03-13SenateSigned by the President of the Senate
2018-03-08HouseSigned by the Speaker
2018-03-06SenateSigned by the President Pro Tempore
2018-02-28HouseReturned to the Senate without amendments
2018-02-28HouseRepresentative Hamilton added as cosponsor
2018-02-27HouseThird reading: passed; Roll Call 250: yeas 93, nays 0
2018-02-26HouseSecond reading: ordered engrossed
2018-02-22HouseRepresentative Ellington added as cosponsor
2018-02-22HouseCommittee report: do pass, adopted
2018-02-06HouseFirst reading: referred to Committee on Financial Institutions
2018-01-30SenateReferred to the House
2018-01-29SenateSenator Brown L added as coauthor
2018-01-29SenateSenator Bassler added as third author
2018-01-29SenateHouse sponsor: Representative Burton
2018-01-29SenateThird reading: passed; Roll Call 89: yeas 48, nays 1
2018-01-25SenateSenator Holdman added as second author
2018-01-22SenateSecond reading: ordered engrossed
2018-01-18SenateCommittee report: do pass, adopted
2018-01-08SenateFirst reading: referred to Committee on Insurance and Financial Institutions
2018-01-08SenateAuthored by Senator Perfect

Indiana State Sources

TypeSource
Summaryhttps://iga.in.gov/legislative/2018/bills/senate/376/details
Texthttp://iga.in.gov/static-documents/0/5/7/9/05792e87/SB0376.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/8/0/9/3/8093c95a/SB0376.01.INTR.pdf
Texthttp://iga.in.gov/static-documents/7/0/e/8/70e8adb6/SB0376.02.COMS.pdf
Texthttp://iga.in.gov/static-documents/0/d/7/c/0d7cef52/SB0376.02.COMS.pdf
Texthttp://iga.in.gov/static-documents/c/e/8/0/ce80eed5/SB0376.03.COMH.pdf
Texthttp://iga.in.gov/static-documents/e/6/e/9/e6e96a93/SB0376.03.COMH.pdf
Texthttp://iga.in.gov/static-documents/8/d/a/b/8dabd073/SB0376.04.ENRH.pdf
Roll Callhttp://iga.in.gov/static-documents/9/e/d/f/9edf8bc1/SB0376.01.INTR.01.pdf
Roll Callhttp://iga.in.gov/static-documents/2/e/5/4/2e5400de/SB0376.89.pdf
Roll Callhttp://iga.in.gov/static-documents/2/3/3/f/233f6a93/SB0376.02.COMS.01.pdf
Roll Callhttp://iga.in.gov/static-documents/a/f/5/a/af5aa636/SB0376.250.pdf

Bill Comments

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