Did not become law. It stopped in the House of Representatives's Banking Committee on February 4, 2011. The 2011 session has ended.
2011 Regular Session
House Bill 5003
AN ACT REQUIRING BANKS TO NOTIFY HOLDERS OF INACTIVE ACCOUNTS BY CERTIFIED MAIL THAT ACCOUNT FUNDS WILL BE TRANSFERRED TO THE TREASURER AND SUBJECT TO ESCHEAT TO THE STATE.
What it does
The synopsis the General Assembly published with the bill.
To protect inactive account holders by requiring banks to notify them by certified mail within one year of presuming an account has been abandoned that account funds will be subject to escheat to the state.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
January 5 to February 4, 2011, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action3 actions on 3 days
In the House of RepresentativesJan 5 to Feb 4 · stopped30 days
Banking CommitteeJan 5 to Feb 4 · stopped30 days
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the House of Representatives Jan 5 – Feb 4
- Jan 5Introduced and sent to Banking Committee
- Feb 4Heard in Banking Committee
All 3 actions, as published
- Jan 5REF. TO JOINT COMM. ONBoth houses
- Feb 1Reserved for Subject Matter Public HearingBoth houses
- Feb 4PUBLIC HEARINGBoth houses