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| Authors | Valencia | ||||||||||||||||
| Subject | None | ||||||||||||||||
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| Title | Relative to Unclaimed Property Month. | ||||||||||||||||
| Last Action Dt | 2026-01-27 | ||||||||||||||||
| State | Introduced | ||||||||||||||||
| Status | In Floor Process | ||||||||||||||||
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| Analyses | TBD | ||||||||||||||||
| Latest Text | Bill Full Text | ||||||||||||||||
| Latest Text Digest |
1.0" ?> 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 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 WHEREAS, currently, the Controller holds more than 93,600,000 properties for a California population of over 39,000,000 residents; and WHEREAS, last year, the Controller, through the Unclaimed Property Program, returned more than $534,000,000 to rightful owners; and 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 |