Existing law, the Unclaimed Property Law, governs the disposition of unclaimed property, including the escheat of certain property to the state. Existing law provides for the escheat to the state of the contents of, or proceeds of sale of the contents of, any safe deposit box or any other safekeeping repository held in the state by a business association, as specified. In cases where the contents of a safe deposit box or other safekeeping repository escheat to the state, existing law requires the business association to report to the Controller certain information regarding the property and owner, including a description of the property and the place where it is held and may be inspected by the Controller. Within 165 days after the final date for filing the report, existing law requires the Controller to mail a notice to each person having an address listed in the report who appears to be entitled to property escheated, as specified.
California AB 355 (20152016) — Unclaimed property: safe deposit boxes.
Existing law, the Unclaimed Property Law, governs the disposition of unclaimed property, including the escheat of certain property to the state. Existing law provides for the escheat to the state of the contents of, or proceeds of sale of the contents of, any safe deposit box or any other safekeeping repository held in the state by a business association, as specified. In cases where the contents of a safe deposit box or other safekeeping repository escheat to the state, existing law requires the business association to report to the Controller certain information regarding the property and owner, including a description of the property and the place where it is held and may be inspected by the Controller. Within 165 days after the final date for filing the report, existing law requires the Controller to mail a notice to each person having an address listed in the report who appears to be entitled to property escheated, as specified.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass as amended, but first amend, and re-refer to the Committee on [Appropriations] with the recommendation: To Consent Calendar — 7–0 (pass) · upper
AB 355 GARCIA, E. Concurrence in Senate Amendments — 80–0 (pass) · lower
AB 355 GARCIA, E. Assembly Third Reading — 76–0 (pass) · lower
3rd Reading AB355 Eduardo Garcia By Anderson — 40–0 (pass) · upper
Do pass. — 10–0 (pass) · lower
Sponsors
Eduardo Garcia — primary (person)
Anderson — coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2015-02-17 Read first time. To print. reading-1
2015-02-18 From printer. May be heard in committee March 20.
2015-03-02 Referred to Com. on JUD. referral-committee
2015-03-17 From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended. reading-2, amendment-introduction, amendment-passage, reading-1
2015-03-18 Re-referred to Com. on JUD. referral-committee
2015-03-24 From committee: Do pass. (Ayes 10. Noes 0.) (March 24). committee-passage-favorable, committee-passage
2015-03-25 Read second time. Ordered to third reading. reading-2, reading-1
2015-03-26 Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 714.) reading-3, passage, reading-1
2015-03-26 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2015-05-07 Referred to Com. on JUD. referral-committee
2015-05-26 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD. referral-committee, reading-2, amendment-introduction, amendment-passage, reading-1
2015-06-09 In committee: Set, first hearing. Hearing canceled at the request of author.
2015-06-22 From committee: Amend, and do pass as amended and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (June 16). amendment-introduction, committee-passage, amendment-passage
2015-06-23 Read second time and amended. Re-referred to Com. on APPR. referral-committee, reading-2, amendment-passage, reading-1
2015-07-06 From committee: Be placed on second reading file pursuant to Senate Rule 28.8 and ordered to consent calendar. committee-passage
2015-07-07 Read second time. Ordered to Consent Calendar. reading-2, reading-1
2015-07-09 From Consent Calendar.
2015-07-09 Ordered to third reading.
2015-08-19 Read third time and amended. Ordered to second reading. reading-3, amendment-passage, reading-1
2015-08-20 Read second time. Ordered to third reading. reading-2, reading-1
2015-08-31 Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2291.). reading-3, passage, reading-1
2015-08-31 In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 2 pursuant to Assembly Rule 77.