Assembly MeasureChaptered/Signed
AR 20: Relative to Unclaimed Property Month.
What AR 20 does, verified March 27, 2025
The bill aims to recognize and promote the month of March as Unclaimed Property Month in California. This recognition is intended to raise awareness about the importance of unclaimed property, which includes money and other assets left behind by individuals who have passed away or moved out of state. The bill encourages financial institutions and government agencies to promote the month and provide information about unclaimed property to the public. By doing so, the bill hopes to help individuals and families locate and claim their unclaimed assets, ultimately returning more money to the state's economy.
Bill journey
✓IntroducedComplete
✓In CommitteeComplete
✓First Chamber FloorComplete
✓Second ChamberComplete
✓GovernorComplete
6ChapteredCurrent
Last action: Read. Adopted. (Ayes 76. Noes 0. Page 551.). (2025-03-06)Alert me
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions3 total · showing 3
| Mar. 06, 2025 | Read. Adopted. (Ayes 76. Noes 0. Page 551.). |
| Mar. 03, 2025 | From committee: Be adopted. To Consent Calendar. (Ayes 6. Noes 0.) (March 3). |
| Feb. 26, 2025 | Introduced. |
Latest bill textIntroduced version, February 26, 2025 · 245 words
CALIFORNIA LEGISLATURE— 2025–2026 REGULAR SESSION
House Resolution
No. 20
| Introduced by Assembly Member Ransom |
February 26, 2025 |
Relative to Unclaimed Property Month.
LEGISLATIVE COUNSEL'S DIGEST
HR 20, as introduced, Ransom.
WHEREAS, the State of California has over fourteen billion dollars ($14,000,000,000) in unclaimed property, including uncashed checks, insurance proceeds, and other financial assets that are considered lost or abandoned when an owner cannot be located after a specified period of time; and
WHEREAS, for over five decades, the Controller has received hundreds of millions of dollars annually from entities unable to locate the owners, and has made a commitment to returning these financial assets to their rightful owners; and
WHEREAS, currently, the Controller holds more than 84,000,000 properties to be returned to 39,000,000 residents; and
WHEREAS, last year, the Controller, through the Unclaimed Property Program, returned more than four hundred sixty-five million dollars ($465,000,000) to rightful owners; and
WHEREAS, to find out if there is unclaimed property listed under your name, please visit the Controller’s Unclaimed Property internet website at www.claimit.ca.gov; now, therefore, be it
Resolved by the Assembly of the State of California, That the Assembly recognizes the month of February 2025 as Unclaimed Property Month throughout the State of California, and encourages Californians to utilize the Controller’s free service to claim their property and share this information with others; and be it further
Resolved, That the Chief Clerk of the Assembly transmit copies of this resolution to the author for appropriate distribution.
Text of AR 20 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions