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TN HB0054

TN HB0054
AN ACT to amend Tennessee Code Annotated, Title 43; Title 44; Title 47; Title 48 and Title 66, relative to property.


summary

Introduced
12/30/2024
In Committee
Crossed Over
Passed
Dead

Introduced Session

114th General Assembly

Bill Summary

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.

AI Summary

This bill amends Tennessee Code Annotated Section 66-29-165(b) to allow the treasurer to submit the annual report regarding abandoned or unclaimed property electronically, in addition to any existing reporting methods. Specifically, the bill adds a new subdivision to the existing law that explicitly states the report "may be submitted electronically," which provides formal authorization for digital submission of this financial report to executive and legislative branch officials. The bill will take effect immediately upon becoming law, with the stated rationale that the change serves the public welfare by potentially streamlining administrative processes and making reporting more convenient and efficient.

Sponsors (1)

Last Action

caption bill, held on desk - pending amdt. (on 01/15/2025)

bill text


bill summary

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