California · 2025–26 Regular Session · Senate Bill
SB 1066: Unclaimed property.
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 1066 is a senate bill introduced in the California Senate on February 12, 2026. According to its official title, it concerns: Unclaimed property. Primary sponsor: Roger Niello (R). Most recent recorded action (August 13, 2026): August 13 hearing: Held in committee and under submission.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Legislative Counsel’s Digest (official, as of the latest version). Written by nonpartisan legislative staff; reproduced verbatim.
The Unclaimed Property Law prescribes the circumstances under which property escheats to the state. Existing law provides different requirements for escheatment of various types of property, including the time period for escheatment to the state. Existing law provides that the Controller may liquidate various forms of property after escheatment.
This bill would increase the time for escheatment of all forms of property to 7 years from the last contact with the owner, as specified. This bill would require the Controller to maintain the property in the form in which it was escheated, as specified.
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Roger Niello | Primary sponsor | Republican | Senate | 6 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- August 13 hearing: Held in committee and under submission.
- August 5 set for first hearing. Placed on suspense file.
- From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (June 16). Re-referred to Com. on APPR.
- Referred to Com. on JUD.
- In Assembly. Read first time. Held at Desk.
- Read third time. Passed. (Ayes 39. Noes 0. Page 4501.) Ordered to the Assembly.
- Read second time. Ordered to third reading.
- Read second time and amended. Ordered to second reading.
- From committee: Do pass as amended. (Ayes 7. Noes 0. Page 4263.) (May 14).
- Set for hearing May 14.
- May 4 hearing: Placed on APPR. suspense file.
- Set for hearing May 4.