WA People
BILL · 2015–16 SESSION · LATEST VERSION SHB 1551

HB 1551: Unclaimed property laws

Improving the administration of unclaimed property laws.

Summary

  • The penalty provisions of the act are restructured. The current 100 percent penalty for willful failure to file a report or provide notice to apparent property owners is replaced with the following penalties: 10 percent for failure to file a report or pay or deliver property under a report; and 10 percent assessment penalty with an additional 5 percent penalty if the assessment is not paid by the due date.

From the Substitute Senate Bill Report (SHB 1551), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 22, 2015
  2. Out of committeeFeb 27, 2015
  3. Passed HouseMar 10, 2015
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Cindy Ryu (D-32)
Introduced
January 22, 2015 in the House
Last action
March 10, 2016
Requested by
State agency
Companion bill
SB 5543
Budget
Has a fiscal note
Versions
HB 1551, SHB 1551

AN ACT Relating to improving the administration of unclaimed property laws;

Sponsors

Prime sponsor: Cindy Ryu (D-32)

4 co-sponsors (3 Democrats, 1 Republican)

Larry Haler R-8Ruth Kagi D-32Mia Gregerson D-33Sharon Wylie D-49

Votes

House · Final Passage

Passed March 10, 2015
Version voted on: SHB 1551
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat51000
Republican47000
How each member voted

Yea (98)

Permalink to this vote

History

  1. By resolution, reintroduced and retained in present status. (SHB 1551)
  2. Rules Committee relieved of further consideration. (SHB 1551)
  3. Referred to Finance. (SHB 1551)
  4. By resolution, reintroduced and retained in present status. (SHB 1551)
  5. By resolution, reintroduced and retained in present status. (SHB 1551)
  6. By resolution, reintroduced and retained in present status. (SHB 1551)
  7. By resolution, reintroduced and retained in present status. (SHB 1551)
  8. By resolution, returned to House Rules Committee for third reading. (SHB 1551)
  9. And refer to Ways & Means. (SHB 1551)
  10. GOS - Majority; do pass. (SHB 1551)
  11. Referred to Ways & Means. (SHB 1551)
  12. First reading, referred to Government Operations & Security. (SHB 1551)
  13. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0. (SHB 1551)
  14. Rules suspended. Placed on Third Reading. (SHB 1551)
  15. 1st substitute bill substituted. (SHB 1551)
  16. 1st substitute bill substituted.
  17. Placed on second reading by Rules Committee. (SHB 1551)
  18. Placed on second reading by Rules Committee.
  19. Referred to Rules 2 Review. (SHB 1551)
  20. Referred to Rules 2 Review.
  21. FIN - Majority; 1st substitute bill be substituted, do pass. (SHB 1551)
  22. FIN - Majority; 1st substitute bill be substituted, do pass.
  23. First reading, referred to Finance (Not Officially read and referred until adoption of Introduction report).

HB 1551 in other sessions

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

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