Unclaimed Property - As introduced, allows the treasurer to file the annual report regarding the total amount and value of abandoned or unclaimed property with executive and legislative branch officials electronically. - Amends TCA Title 43; Title 44; Title 47; Title 48 and Title 66.
Maddy summaryHB 54 (introduced by Rep. Moon) updates Tennessee law to allow the state treasurer to submit annual reports on unclaimed property electronically instead of through traditional paper methods. This bill amends specific sections of Tennessee Code (Titles 43, 44, 47, 48, and 66) to add electronic filing as an option for the treasurer’s required reports. The change directly affects the Tennessee treasurer’s office by streamlining how they share data on abandoned property with state officials. The bill does not alter the content of the reports or the underlying unclaimed property laws. It is a procedural update to modernize reporting requirements.
In committee Jan 15, 2025
0 co-sponsors