Unclaimed property: secure payment of claims.
Summary
The Unclaimed Property Law governs the disposition of unclaimed property, including the escheat of certain property to the state. Those provisions require a person holding funds or other property escheated to the state to report to the Controller certain information regarding the property and the owner, and set forth procedures whereby a person may file a claim to the property or to the net proceeds from its sale. This bill would authorize the Controller to implement additional measures designed to streamline the secure payment of claims, as specified.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2020
Committee Review
Aug 2020
Assembly Passage
Jun 2020
Senate Passage
Governor
Introduced Feb 12, 2020
Last action Aug 20, 2020
Floor votes · Assembly Jun 8, 2020
How they voted
75–0
Passed · 3 other
Total votes 78
Jun 8, 2020
D
Democratic60
95% Yea
I
Independent1
100% Yea
R
Republican17
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
17
Key actions
7
Committee
9
Amendments
2
Aug 20, 2020
Upper · Passed
In committee: Held under submission.
upper
Aug 13, 2020
Committee
In committee: Referred to APPR. suspense file.
upper
Jul 31, 2020
Upper · Passed
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 9. Noes 0.) (July 30). Re-referred to Com. on APPR.
upper
Jun 23, 2020
Committee
Referred to Com. on JUD.
upper
Jun 8, 2020
Lower · Passed
Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 4712.)
lower
Jun 4, 2020
Lower · Passed
Read second time and amended. Ordered returned to second reading.
lower
Jun 3, 2020
Lower · Passed
From committee: Amend, and do pass as amended. (Ayes 18. Noes 0.) (June 3).
lower
Jun 2, 2020
Committee
In committee: Set, first hearing. Referred to APPR. suspense file.
lower
May 12, 2020
Lower · Passed
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 10. Noes 0.) (May 11). Re-referred to Com. on APPR.
lower
May 5, 2020
Committee
Re-referred to Com. on JUD.
lower
Feb 20, 2020
Committee
Referred to Com. on JUD.
lower
Feb 13, 2020
Lower · Passed
From printer. May be heard in committee March 14.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Phil Ting
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about AB 2198
Scope: CA
Hi! I can help you understand AB 2198. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline