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<ns0:ActionText>INTRODUCED</ns0:ActionText>
<ns0:ActionDate>2026-01-27</ns0:ActionDate>
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<ns0:SessionYear>2025</ns0:SessionYear>
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<ns0:AuthorText authorType="LEAD_AUTHOR">Introduced by Assembly Member Valencia</ns0:AuthorText>
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<ns0:House>ASSEMBLY</ns0:House>
<ns0:Name>Valencia</ns0:Name>
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<ns0:Title> Relative to Unclaimed Property Month. </ns0:Title>
<ns0:RelatingClause>Unclaimed Property Month</ns0:RelatingClause>
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<html:p>WHEREAS, the State of California has more than $15,485,000,000 in unclaimed property, including uncashed checks, insurance proceeds, and other financial assets that are considered lost or abandoned when an owner cannot be located after a specified period of time; and</html:p>
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<html:p>WHEREAS, for over five decades, the Controller has received hundreds of millions of dollars annually from entities unable to locate the owners, and has made a commitment to returning these financial assets to their rightful owners; and</html:p>
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<html:p>WHEREAS, currently, the Controller holds more than 93,600,000 properties for a California population of over 39,000,000 residents; and</html:p>
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<html:p>WHEREAS, last year, the Controller, through the Unclaimed Property Program, returned more than $534,000,000 to rightful owners; and</html:p>
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<html:p>WHEREAS, to find out if there is unclaimed property listed under your name, please visit the Controller’s Unclaimed Property internet website at www.claimit.ca.gov; now, therefore, be it</html:p>
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<html:i>Resolved by the Assembly of the State of California,</html:i>
That the Assembly recognizes the month of February 2026 as Unclaimed Property Month throughout the State of California, and encourages Californians to utilize the Controller’s free service to claim their property and share this information with others; and be it further
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<html:i>Resolved,</html:i>
That the Chief Clerk of the Assembly transmit copies of this resolution to the author for appropriate distribution.
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