---
type: "Bill"
title: "Unclaimed Property - As enacted, increases from “eight months to a year” to “32 to 36 months” the time within which the treasurer must sell a security after receiving it; extends from “eight months” to “32 months” the minimum time period during which the treasurer is required to hold a security prior to selling it and paying the sale proceeds to the owner, upon the owner's request. - Amends TCA Section 66-29-142 and Section 66-29-154."
description: "Unclaimed Property - As enacted, increases from “eight months to a year” to “32 to 36 months” the time within which the treasurer must sell a security after receiving it; extends from “eight months” to “32 months” the minimum time period during which the treasurer is required to hold a security prior to selling it and paying the sale proceeds to the owner, upon the owner's request. - Amends TCA Section 66-29-142 and Section 66-29-154."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "111"
identifier: "SB 1634"
citation: "Tennessee SB 1634 (111)"
classification: ["bill"]
subjects: ["Unclaimed Property"]
status: "enacted"
primary_sponsors: ["Massey", "Zachary"]
version_count: 1
action_count: 42
vote_count: 10
first_action: "2020-01-15"
last_action: "2020-07-02"
source: "openstates"
source_identifier: "ocd-bill/e4a00620-8735-49bc-aa8c-77c77435d386"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB1634&GA=111"
source_hash: "5a13e3ee59026fbb8bd02be2d6e7e0222a6f345dedeb4a7ff6a1b9cd7881c42c"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tn"]
---

# Tennessee SB 1634 (111) — Unclaimed Property - As enacted, increases from “eight months to a year” to “32 to 36 months” the time within which the treasurer must sell a security after receiving it; extends from “eight months” to “32 months” the minimum time period during which the treasurer is required to hold a security prior to selling it and paying the sale proceeds to the owner, upon the owner's request. - Amends TCA Section 66-29-142 and Section 66-29-154.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Current Version** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/111/Bill/SB1634.pdf)

## Votes

- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Finance, Ways, and Means Committee 2/4/2020 Passed — **8–0** (pass) · upper
- SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/11/2020 Passed — **10–0** (pass) · upper
- HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Consent Calendar for 6/16/2020 6/15/2020 — **0–0** (fail) · lower
- HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 6/15/2020 (1) — **0–0** (pass) · lower
- HOUSE DEPARTMENTS & AGENCIES SUBCOMMITTEE: Rec. for pass by s/c ref. to State Committee 2/25/2020 — **0–0** (pass) · lower
- FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION 6/16/2020 Passed — **90–0** (pass) · lower
- HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 6/3/2020 (2) — **0–0** (pass) · lower
- FLOOR VOTE: Motion to Adopt 2/13/2020 Passed — **31–0** (pass) · upper
- FLOOR VOTE: PASSAGE ON THIRD CONSIDERATION 6/16/2020 Passed — **90–0** (pass) · lower
- HOUSE STATE COMMITTEE: Rec. for pass; ref to Finance, Ways, and Means Committee 3/10/2020 — **0–0** (pass) · lower

## Sponsors

- Massey — primary (person)
- Zachary — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-01-15** Filed for introduction `reading-1, introduction`
- **2020-01-16** Introduced, Passed on First Consideration `introduction`
- **2020-01-22** Passed on Second Consideration, refer to Senate Commerce and Labor Committee
- **2020-01-22** Filed for introduction `reading-1, introduction`
- **2020-01-23** Intro., P1C. `introduction`
- **2020-01-27** Assigned to s/c Departments & Agencies Subcommittee `referral-committee`
- **2020-01-27** P2C, ref. to State Committee `referral-committee`
- **2020-01-28** Placed on Senate Commerce and Labor Committee calendar for 2/4/2020
- **2020-02-04** Placed on Senate Finance, Ways, and Means Committee calendar for 2/11/2020
- **2020-02-04** Recommended for passage, refer to Senate Finance, Ways, and Means Committee
- **2020-02-11** Placed on Senate Consent Calendar 2 for 2/13/2020
- **2020-02-11** Recommended for passage, refer to Senate Calendar Committee
- **2020-02-13** Engrossed; ready for transmission to House
- **2020-02-13** Passed Senate, Ayes 31, Nays 0 `passage`
- **2020-02-19** Placed on s/c cal Departments & Agencies Subcommittee for 2/25/2020
- **2020-02-20** Rcvd. from S., held on H. desk.
- **2020-02-25** Rec. for pass by s/c ref. to State Committee `committee-passage-favorable`
- **2020-02-26** Placed on cal. State Committee for 3/3/2020
- **2020-03-03** Meeting Canceled. Reset on State Committee cal. for 3/10/20
- **2020-03-04** Placed on cal. State Committee for 3/10/2020
- **2020-03-10** Rec. for pass; ref to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2020-03-11** Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/18/2020
- **2020-03-11** Assigned to s/c Finance, Ways, and Means Subcommittee `referral-committee`
- **2020-03-18** Meeting Canceled
- **2020-05-27** Placed on s/c cal Finance, Ways, and Means Subcommittee for 6/3/2020
- **2020-06-03** Placed on cal. Finance, Ways, and Means Committee for 6/11/2020
- **2020-06-03** Rec. for pass by s/c ref. to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2020-06-11** Placed on cal. Finance, Ways, and Means Committee for 6/15/2020
- **2020-06-15** H. Placed on Consent Calendar for 6/16/2020
- **2020-06-15** Placed on cal. Calendar & Rules Committee for 6/15/2020
- **2020-06-15** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2020-06-16** Passed H., Ayes 90, Nays 0, PNV 0 `passage`
- **2020-06-16** Subst. for comp. HB.
- **2020-06-16** Comp. SB subst.
- **2020-06-17** Signed by H. Speaker
- **2020-06-17** Signed by Senate Speaker
- **2020-06-17** Enrolled and ready for signatures
- **2020-06-18** Transmitted to Governor for action.
- **2020-06-22** Signed by Governor. `executive-signature`
- **2020-07-02** Pub. Ch. 718
- **2020-07-02** Effective date(s) 06/22/2020
- **2020-07-02** Comp. became Pub. Ch. 718

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e4a00620-8735-49bc-aa8c-77c77435d386`. Confidence: reported (aggregated from official Tennessee legislature records).