Virginia · 2025 Regular Session · Bill
HB 1640: Virginia Disposition of Unclaimed Property Act; administrator to exercise due diligence to locate owner.
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1640 is a bill introduced in the Virginia House on January 3, 2025. According to its official title, it concerns: Virginia Disposition of Unclaimed Property Act; administrator to exercise due diligence to locate owner. Primary sponsor: Cliff Hayes (Democratic). It lists 4 additional sponsors. Most recent recorded action (February 11, 2025): Passed by indefinitely in Finance and Appropriations (15-Y 0-N).
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
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Virginia Disposition of Unclaimed Property Act; administrator to exercise due diligence to locate owner. Requires the State Treasurer or his designee to exercise due diligence to locate the owner of unclaimed funds or abandoned property previously paid or delivered to the State Treasurer or his designee. Such exercise of due diligence shall include, if necessary, that the State Treasurer or his designee coordinate with the Tax Commissioner to provide the Department of the Treasury with relevant tax information for the purposes of locating such owner.
Sponsors
Sponsors by party (alphabetical): Democratic 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Cliff Hayes | Primary sponsor | Democratic | House | 91 |
| Destiny LeVere Bolling | Co-sponsor | Democratic | House | 80 |
| Nadarius Clark | Co-sponsor | Democratic | House | 84 |
| J.R. Henson | Co-sponsor | Democratic | House | 19 |
| Karen Keys-Gamarra | Co-sponsor | Democratic | House | 7 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Passed by indefinitely in Finance and Appropriations (15-Y 0-N)
- Reported from General Laws and Technology and rereferred to Finance and Appropriations (15-Y 0-N)
- Referred to Committee on General Laws and Technology
- Constitutional reading dispensed (on 1st reading)
- Read third time and passed House (97-Y 0-N)
- Read second time and engrossed
- Read first time
- Reported from General Laws (21-Y 0-N)
- Subcommittee recommends reporting (8-Y 0-N)
- Fiscal Impact Statement from Department of Planning and Budget (HB1640)
- Assigned GL sub: Housing/Consumer Protection
- Referred to Committee on General Laws
Showing 12 most recent of 13 actions. Full history