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 certificate of finder registration, for notice and publication of lists of property subject to custody and control of the Commonwealth under this article, for income accruing after payment or delivery, for deposit of funds, for determination of claims, for penalties and for interdepartmental cooperation and providing for annual report.
HB 484 amends Pennsylvania's Fiscal Code to update rules for handling abandoned and unclaimed property. It directly affects property finders and recovery services by requiring them to register with the State Treasurer, prohibiting fees exceeding 15% of recovered property, and banning those under investigation for fraud or perjury. Key provisions include mandating online databases for property searches, requiring 3-month claim windows after public notices, and enabling electronic payments for resolved claims. The bill also adds annual reporting requirements and updates fund deposit rules for unclaimed property proceeds. These changes aim to streamline claim processes while increasing transparency for property owners.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2025
Last action Feb 4, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
1
Feb 4, 2025
Committee
Referred to Appropriations
lower
1 primary · 10 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ryan Bizzarro
DDemocratic
Co
Ben Sanchez
DDemocratic
Co
Johanny Cepeda-Freytiz
DDemocratic
Co
Kyle Donahue
DDemocratic
Co
Malcolm Kenyatta
DDemocratic
Co
Mary Jo Daley
DDemocratic
Co
Mike Schlossberg
DDemocratic
Co
Nancy Guenst
DDemocratic
Co
Roni Green
DDemocratic
Co
Steve Malagari
DDemocratic
Co
Tarah Probst
DDemocratic
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