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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 84(R)

Senate Bill 1021

Senate Author:  Creighton

Effective:  9-1-15

House Sponsor:  Oliveira


            Current law authorizes amounts of unclaimed property or proceeds that individually are less than $50 to be reported in the aggregate to the comptroller of public accounts by the holder of the property or proceeds without providing certain required identifying information. Senate Bill 1021 amends the Insurance Code and Property Code to decrease that amount to $25.