summary
Introduced
01/21/2026
01/21/2026
In Committee
03/20/2026
03/20/2026
Crossed Over
02/19/2026
02/19/2026
Passed
04/10/2026
04/10/2026
Dead
Signed/Enacted/Adopted
04/10/2026
04/10/2026
Introduced Session
2026 Regular Session
Bill Summary
Create a new section of KRS Chapter 2 establishing the fourth week of September of each year to be Unclaimed Property Week; amend KRS 41.020 to remove Treasurer's requirement to maintain his or her residency at the seat of government; amend KRS 393A.020 to remove mineral proceeds from the KRS list of property to which the chapter does not apply; amend KRS 393A.740 to include deficient reports as punishable by civil penalty.
AI Summary
This bill establishes the fourth week of September as Unclaimed Property Week, aims to remove the requirement for the State Treasurer to reside at the seat of government, and modifies the rules regarding unclaimed property by removing mineral proceeds from the list of properties exempt from these regulations. Additionally, it introduces civil penalties for holders who submit incomplete or deficient reports of unclaimed property, meaning those who fail to provide all necessary information they possess will be subject to fines.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
signed by Governor (Acts Ch. 78) (on 04/10/2026)
Taxonomy
Government Operations
- ‐ Executive Branch Operations
- ‐ Federal Holidays and Celebrations
- ‐ Government Efficiency and Bureaucratic Oversight
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://apps.legislature.ky.gov/record/26RS/hb456.html | 01/21/2026 |
| BillText | https://apps.legislature.ky.gov/law/acts/26RS/documents/0078.pdf | 05/30/2026 |
| Senate Committee Substitute 1 | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/HB456/SCS1.pdf | 03/18/2026 |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/hb456/bill.pdf | 02/18/2026 |
| Vote History for HB456 | https://apps.legislature.ky.gov/record/26RS/hb456/vote_history.pdf | 02/18/2026 |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/hb456/orig_bill.pdf | 01/21/2026 |
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