| 1 | 1 | | CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION House Resolution No. 20Introduced by Assembly Member RansomFebruary 26, 2025 Relative to Unclaimed Property Month. LEGISLATIVE COUNSEL'S DIGESTHR 20, as introduced, Ransom. Digest KeyBill TextWHEREAS, the State of California has over fourteen billion dollars ($14,000,000,000) 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; andWHEREAS, 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; andWHEREAS, currently, the Controller holds more than 84,000,000 properties to be returned to 39,000,000 residents; andWHEREAS, last year, the Controller, through the Unclaimed Property Program, returned more than four hundred sixty-five million dollars ($465,000,000) to rightful owners; andWHEREAS, to find out if there is unclaimed property listed under your name, please visit the Controllers Unclaimed Property internet website at www.claimit.ca.gov; now, therefore, be itResolved by the Assembly of the State of California, That the Assembly recognizes the month of February 2025 as Unclaimed Property Month throughout the State of California, and encourages Californians to utilize the Controllers free service to claim their property and share this information with others; and be it furtherResolved, That the Chief Clerk of the Assembly transmit copies of this resolution to the author for appropriate distribution. |
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| 3 | 3 | | CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION House Resolution No. 20Introduced by Assembly Member RansomFebruary 26, 2025 Relative to Unclaimed Property Month. LEGISLATIVE COUNSEL'S DIGESTHR 20, as introduced, Ransom. Digest Key |
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| 9 | 9 | | CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION |
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| 11 | 11 | | House Resolution |
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| 13 | 13 | | No. 20 |
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| 14 | 14 | | |
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| 15 | 15 | | Introduced by Assembly Member RansomFebruary 26, 2025 |
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| 17 | 17 | | Introduced by Assembly Member Ransom |
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| 18 | 18 | | February 26, 2025 |
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| 19 | 19 | | |
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| 20 | 20 | | Relative to Unclaimed Property Month. |
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| 21 | 21 | | |
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| 22 | 22 | | LEGISLATIVE COUNSEL'S DIGEST |
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| 24 | 24 | | ## LEGISLATIVE COUNSEL'S DIGEST |
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| 26 | 26 | | HR 20, as introduced, Ransom. |
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| 29 | 29 | | |
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| 30 | 30 | | ## Digest Key |
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| 32 | 32 | | ## Bill Text |
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| 34 | 34 | | WHEREAS, the State of California has over fourteen billion dollars ($14,000,000,000) 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 |
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| 36 | 36 | | 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 |
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| 37 | 37 | | |
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| 38 | 38 | | WHEREAS, currently, the Controller holds more than 84,000,000 properties to be returned to 39,000,000 residents; and |
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| 39 | 39 | | |
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| 40 | 40 | | WHEREAS, last year, the Controller, through the Unclaimed Property Program, returned more than four hundred sixty-five million dollars ($465,000,000) to rightful owners; and |
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| 42 | 42 | | WHEREAS, to find out if there is unclaimed property listed under your name, please visit the Controllers Unclaimed Property internet website at www.claimit.ca.gov; now, therefore, be it |
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| 44 | 44 | | Resolved by the Assembly of the State of California, That the Assembly recognizes the month of February 2025 as Unclaimed Property Month throughout the State of California, and encourages Californians to utilize the Controllers free service to claim their property and share this information with others; and be it further |
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| 46 | 46 | | Resolved, That the Chief Clerk of the Assembly transmit copies of this resolution to the author for appropriate distribution. |
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