Kentucky HB456 amends the state treasurer's duties and designates Unclaimed Property Week.

Kentucky HB456 modifies the duties of the State Treasurer by specifying that the Department of the Treasury is headed by the State Treasurer, who must reside and keep their office at the seat of government. The bill also designates the fourth week of September each year as Unclaimed Property Week. It amends the definition of unclaimed property to exclude certain types of property, including those held by nonprofits, minerals, wages under $50, inmate accounts, and lawyer IOLTA trust accounts.

Kentucky HB456 amends the state treasurer's duties and designates Unclaimed Property Week.

Kentucky HB456 modifies the duties of the State Treasurer by specifying that the Department of the Treasury is headed by the State Treasurer, who must reside and keep their office at the seat of government. The bill also designates the fourth week of September each year as Unclaimed Property Week. It amends the definition of unclaimed property to exclude certain types of property, including those held by nonprofits, minerals, wages under $50, inmate accounts, and lawyer IOLTA trust accounts.