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HB484

In disposition of abandoned and unclaimed property, further providing for certificate of finder registration, for notice and publication of lists of property subject to custody and control of the Commonwealth under this article, for income accruing after payment or delivery, for deposit of funds, for determination of claims, for penalties and for interdepartmental cooperation and providing for annual report.

Introduced·2/4/25
Introduced Text

Pennsylvania HB484 amends unclaimed property laws, enhancing finder registration, notice publication, income accrual, fund deposit, claim.

Pennsylvania HB484 amends the Fiscal Code to revise procedures for unclaimed property. It restricts non-lawyers from finding and claiming property without a certificate of registration. The bill mandates the State Treasurer to publish notices of unclaimed property, detailing how to file claims and access online databases. It requires the deposit of all funds into the General Fund, with a portion retained for reimbursements and claim payments. The bill allows automatic return of property valued at $10,000 or less to sole owners.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Appropriations Committee
Next
Committee decision

Sponsors

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11
0
Democratic CaucusRepublican Caucus

History

Feb 4, 2025

House

Referred to Appropriations