summary
Introduced
01/21/2026
01/21/2026
In Committee
02/12/2026
02/12/2026
Crossed Over
Passed
Dead
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 State Treasurer's requirement to reside at the seat of government, excludes mineral proceeds from the list of properties not covered by unclaimed property laws, and allows for civil penalties against holders who submit deficient reports, meaning reports that fail to include all necessary information in their possession.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
2nd reading, to Rules (on 02/13/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.legislature.ky.gov/record/26RS/hb456.html |
| BillText | https://apps.legislature.ky.gov/recorddocuments/bill/26RS/hb456/orig_bill.pdf |
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