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Bill > SB1534

OK SB1534

OK SB1534
Uniform Unclaimed Property Act; authorizing electronic communication under certain circumstances; modifying certain notice requirements; increasing value of property for which certain documentation is required. Effective date.

summary

Introduced
02/05/2024
In Committee
04/10/2024
Crossed Over
02/21/2024
Passed
05/30/2024
Dead
Signed/Enacted/Adopted
06/14/2024

Introduced Session

2024 Regular Session

Bill Summary

An Act ENROLLED SENATE BILL NO. 1534 By: Weaver of the Senate and O’Donnell of the House An Act relating to the Uniform Unclaimed Property Act; amending 60 O.S. 2021, Sections 661, 662, 668, and 674.2, which relate to reports of abandoned property, notice and publication, the Unclaimed Property Fund, and property delivered to the State Treasurer; authorizing electronic communication under certain circumstances; increasing value for property for which the State Treasurer is not required to publish notice; requiring certain records be available for public inspection after certain time period; increasing value of property for which claimant is required to provide certain documentation; updating statutory references; updating statutory language; and providing an effective date. SUBJECT: Uniform Unclaimed Property Act

AI Summary

This bill amends the Uniform Unclaimed Property Act in Oklahoma. It authorizes electronic communication for certain unclaimed property notices, increases the value threshold for property that requires publication of notice, and increases the value threshold for requiring certain documentation from claimants. The bill also requires that records related to unclaimed property be available for public inspection after a 12-month period. The bill will become effective on November 1, 2024.

Committee Categories

Government Affairs, Justice

Sponsors (2)

Last Action

Approved by Governor 06/14/2024 (on 06/14/2024)

Bill Topics

Government Operations
  • ‐ Government Efficiency and Bureaucratic Oversight
  • ‐ Government Transparency and Open Records

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bill summary

Document Type Source Location Created
State Bill Page http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1534&Session=2400 01/02/2024
BillText http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20ENR/SB/SB1534%20ENR.PDF 05/31/2024
BillText http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20COMMITTEE%20SUBS/SCCS/SB1534%20CCS.PDF 05/28/2024
Fiscal Note/Analysis - Senate: Conference Committee Report http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20SUPPORT%20DOCUMENTS/BILLSUM/Senate/SB1534%20CCR%20BILLSUM.PDF 05/28/2024
Fiscal Note/Analysis - House: Conference Committee Substitute http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20SUPPORT%20DOCUMENTS/BILLSUM/House/SB1534%20CCS%20BILLSUM.PDF 05/28/2024
BillText http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20AMENDMENTS/Amendment%20&%20Engr/SB1534%20HASB%20&%20ENGR.PDF 04/25/2024
Fiscal Note/Analysis - House: Committee Substitute http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20SUPPORT%20DOCUMENTS/BILLSUM/House/SB1534%20CS%20BILLSUM.PDF 04/23/2024
BillText http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20FLR/HFLR/SB1534%20HFLR.PDF 04/10/2024
BillText http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20COMMITTEE%20SUBS/HCSS/SB1534%20HCS.PDF 04/10/2024
Fiscal Note/Analysis - House: Proposed Committee Substitute (full committee) 1 http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20SUPPORT%20DOCUMENTS/BILLSUM/House/SB1534%20FULLPCS1%20BILLSUM.PDF 04/09/2024
SB1534 FULLPCS1 TERRY ODONNELL-JL http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20COMMITTEE%20AMENDMENTS/House/SB1534%20FULLPCS1%20TERRY%20ODONNELL-JL.PDF 04/08/2024
Fiscal Note/Analysis - House: Engrossed http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20SUPPORT%20DOCUMENTS/BILLSUM/House/SB1534%20ENGR%20BILLSUM.PDF 04/08/2024
BillText http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20ENGR/SB/SB1534%20ENGR.PDF 02/21/2024
Committee Amendment 1 http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20COMMITTEE%20AMENDMENTS/Senate/SB1534%20CA1.PDF 02/20/2024
BillText http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20FLR/SFLR/SB1534%20SFLR.PDF 02/07/2024
Fiscal Note/Analysis - Senate: Introduced http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20SUPPORT%20DOCUMENTS/BILLSUM/Senate/SB1534%20INT%20BILLSUM.PDF 01/06/2024
BillText http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20INT/SB/SB1534%20INT.PDF 01/02/2024
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