HB 484 Pennsylvania House · 2025-2026 Regular Session

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
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Total actions
1
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0
Committee
1
Feb 4, 2025
Committee
Referred to Appropriations
lower
1 primary · 10 co-sponsors

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