HB 456 Kentucky House · 2026 Regular Session

AN ACT relating to the State Treasurer and unclaimed property.

Summary
Create a new section of KRS Chapter 2 establishing the fourth week of September of each year to be Unclaimed Property Week; amend KRS 41.020 to remove Treasurer's requirement to maintain his or her residency at the seat of government; amend KRS 393A.020 to remove mineral proceeds from the KRS list of property to which the chapter does not apply; amend KRS 393A.740 to include deficient reports as punishable by civil penalty.
Bill status signed all 5 stages cleared
Introduction
Jan 2026
Committee Review
Mar 2026
House Passage
Mar 2026
Senate Passage
Mar 2026
Signed into Law
Apr 2026
Introduced Jan 21, 2026 Signed Apr 10, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Introduced Current/Final · 3 edits
MINOR
The bill was renumbered from a bill resolution (BR 1029) to a House Bill (HB 456) and updated to its final engrossed version. The text includes a deletion of a section defining property exemptions from a different chapter (393A.020) and a reorganization of the penalties section (393A.740) to consolidate enforcement rules regarding evaded obligations and fraudulent reporting.
Scope change
The bill's scope was narrowed by removing a list of property exemptions that previously applied under a different section of the law. The remaining text focuses on civil penalties for holders who evade obligations or file fraudulent reports.
SCOPE

Deleted a section listing specific property types (such as foreign property, nonprofit funds, and wages under $50) that are exempt from the chapter's application.

TECHNICAL

Changed the document title from '26 RS BR 1029' to '26 RS HB 456/EN' and updated page numbering to reflect the final version.

Reorganized the penalty section by removing the introductory text about the administrator's authority and merging it directly with the specific penalty clauses.

Floor votes · House Feb 18, 2026

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
23
Key actions
10
Committee
9
Apr 10, 2026
Signed into law
signed by Governor (Acts Ch. 78)
lower
Mar 31, 2026
Upper · Passed
enrolled, signed by President of the Senate
upper
Mar 31, 2026
Lower · Passed
enrolled, signed by Speaker of the House
lower
Mar 31, 2026
Lower · Passed
passed 96-0
lower
Mar 31, 2026
Lower · Passed
House concurred in Committee Substitute (1)
lower
Mar 27, 2026
Lower · Passed
posted for passage for concurrence in Senate Committee Substitute (1)
lower
Mar 20, 2026
Committee
to Rules (H)
lower
Mar 20, 2026
Lower · Passed
3rd reading, passed 37-0 with Committee Substitute (1)
lower
Mar 18, 2026
Lower · Passed
reported favorably, 1st reading, to Consent Calendar with Committee Substitute (1)
lower
Mar 9, 2026
Committee
to State & Local Government (S)
upper
Feb 19, 2026
Committee
to Committee on Committees (S)
upper
Feb 18, 2026
Lower · Passed
3rd reading, passed 99-0
lower
Feb 12, 2026
Lower · Passed
reported favorably, 1st reading, to Calendar
lower
Jan 29, 2026
Committee
to State Government (H)
lower
Jan 21, 2026
Committee
to Committee on Committees (H)
lower
Jan 21, 2026
Introduced
introduced in House
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.