BILL · 2003–04 SESSION · LATEST VERSION ESHB 1656

HB 1656: Locating unclaimed property

Modifying fees for locating unclaimed property.

Summary

  • Increases the maximum fee a property finder may charge an unclaimed property owner from 5 percent to 20 percent of the value starting 24 months after the property is transferred to the Department of Revenue.
  • Requires public notices of unclaimed property to specify which accounts are above $5,000, and if below $5,000, which claims are above $75.

From the Substitute House Bill Report (SHB 1656), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedFeb 4, 2003
  2. Out of committeeMar 4, 2003
  3. Passed HouseMar 11, 2003
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Laura Ruderman (D-45)
Introduced
February 4, 2003 in the House
Last action
March 11, 2004
Budget
Has a fiscal note
Versions
HB 1656, ESHB 1656

AN ACT Relating to fees for locating unclaimed property;

Sponsors

Prime sponsor: Laura Ruderman (D-45)

3 co-sponsors (1 Democrat, 2 Republicans)

Votes

House · Final Passage

Passed March 11, 2003
Version voted on: ESHB 1656
88 Yea 5 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat46402
Republican42103
How each member voted

Yea (88)

House · Final Passage

Passed February 12, 2004
Version voted on: ESHB 1656
93 Yea 1 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat50002
Republican43102
How each member voted

Yea (93)

Nay (1)

History

  1. By resolution, returned to House Rules Committee for third reading. (ESHB 1656)
  2. First reading, referred to Financial Services, Insurance & Housing. (ESHB 1656)
  3. Third reading, passed; yeas, 93; nays, 1; absent, 0; excused, 4. (ESHB 1656)
  4. Placed on third reading by Rules Committee. (ESHB 1656)
  5. By resolution, reintroduced and retained in present status. (ESHB 1656)
  6. By resolution, reintroduced and retained in present status. (ESHB 1656)
  7. By resolution, reintroduced and retained in present status. (ESHB 1656)
  8. By resolution, returned to House Rules Committee for third reading. (ESHB 1656)
  9. Passed to Rules Committee for second reading. (ESHB 1656)
  10. FSIH - Majority; do pass with amendment(s). (ESHB 1656)
  11. First reading, referred to Financial Services, Insurance & Housing. (ESHB 1656)
  12. Third reading, passed; yeas, 88; nays, 5; absent, 0; excused, 5. (ESHB 1656)
  13. Rules suspended. Placed on Third Reading. (ESHB 1656)
  14. Floor amendment(s) adopted. (ESHB 1656)
  15. 1st substitute bill substituted. (ESHB 1656)
  16. 1st substitute bill substituted.
  17. Placed on second reading by Rules Committee. (ESHB 1656)
  18. Placed on second reading by Rules Committee.
  19. Made eligible to be placed on second reading. (ESHB 1656)
  20. Made eligible to be placed on second reading.
  21. Passed to Rules Committee for second reading. (ESHB 1656)
  22. Passed to Rules Committee for second reading.
  23. FIN - Majority; 1st substitute bill be substituted, do pass. (ESHB 1656)
  24. FIN - Majority; 1st substitute bill be substituted, do pass.
  25. FIN - Executive action taken by committee.
  26. First reading, referred to Finance.

HB 1656 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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