HOUSE BILL 188
Unclaimed property act
REVISED UNCLAIMED PROPERTY ACT – Repeals and adds to existing law to enact the Revised Unclaimed Property Act.
RS30143 / H0188
Idaho’s unclaimed property law, Title 14, Chapter 5, has not undergone a complete update since 1983. Since then, changes to policy have been piecemeal and sporadic.
This legislation seeks to revise and organize the unclaimed property code so it will be business and constituent-friendly, technologically current, and garners no new authority for the governing agency.
This legislation provides detailed roadmaps for businesses to follow when reporting unclaimed property and clear protocols for dormancy triggers. The updates are consistent with existing Idaho law which include laws governing confidentiality, data breaches and best practices.
The adoption of this revision will have no fiscal impact.
| Date | Description |
|---|---|
| 02/22 | Introduced, read first time, referred to JRA for Printing |
| 02/23 | Reported Printed and Referred to State Affairs |
| 03/15 | Reported out of Committee, Recommend place on General Orders |
| 03/20 | Referred to the Committee of the Whole |
| Reported out without recommendation as amended | |
| Amendments Referred to the JRA for Printing | |
| Bill as Amended Referred to JRA for Engrossing | |
| Reported Engrossed; Filed for First Reading of Engrossed Bills | |
| Read first time as amended; filed for Second Reading | |
| 03/21 | Read second time as amended; Filed for Third Reading |
| Rules Suspended: Ayes 61 Nays 0 Abs/Excd 9, read in full as required – PASSED - 65-1-4 AYES – Allgood, Andrus, Barbieri, Berch, Blanksma, Boyle, Bundy, Burns, Cannon, Cheatum, Chew, Clow, Cornilles, Crane(12), Crane(13), Dixon(1), Durrant, Ehardt, Ehlers, Erickson, Furniss, Galaviz, Gallagher, Gannon, Garner, Green, Handy, Hawkins, Healey, Hill, Holtzclaw, Horman, Kingsley, Lambert, Lanting, Manwaring, McCann, Mendive, Mickelsen, Miller, Mitchell, Monks, Necochea, Nelsen, Palmer, Petzke, Pickett, Price, Raybould, Raymond, Redman, Roberts, Rubel, Sauter, Scott, Shepherd, Skaug, Tanner, Vander Woude, Weber, Wisniewski, Wroten, Yamamoto, Young, Mr. Speaker NAYS – Mathias Absent – Alfieri, Dixon(24), Nash, Wheeler Floor Sponsor - Crane(13) Title apvd - to Senate |
|
| 03/22 | Received from the House passed; filed for first reading |
| Introduced, read first time; referred to: State Affairs |