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Committee adopts amendment to allow treasurer to liquidate escheated assets and updates unclaimed-property rules to include digital assets

3281137 · May 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senate Bill 146, sponsored by the State Treasury, was amended to clarify treatment of digital assets and to update probate and unclaimed‑property statutes; the committee adopted the dash-2 amendment and moved the bill to the floor with a due‑pass recommendation.

Senate Bill 146, presented to the Senate Committee on Finance and Revenue by Treasury staff, would update statutes governing escheated estates, probate procedures and unclaimed property and would add digital assets (cryptocurrency) to the list of property types subject to modernized rules.

Treasury staff described the dash-2 amendment as a refinement of earlier language: the dash-1…

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