An Act amending the act of April 9, 1929 (P.L.343, No.176), known as The Fiscal Code, in disposition of abandoned and unclaimed property, further providing for claim for property paid or delivered.

HB 1189 amends Pennsylvania's Fiscal Code to raise the threshold for automatic property payments under unclaimed property laws. It increases the value limit from $500 to $10,000, allowing the State Treasurer to pay or deliver property (or its proceeds) directly to claimants without requiring a formal claim if the property value is below this new amount and the State Treasurer confirms sole ownership. This primarily affects individuals seeking small-value unclaimed assets, such as forgotten bank accounts or insurance payments. The bill also repeals a separate provision about environmental funding, but this does not impact the core unclaimed property change.