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Appropriations panel attaches amendment advancing treasurer's budget, moves transfer of unclaimed property program

2315862 · February 14, 2025
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Summary

The Appropriations - Government Operations Division voted to attach Amendment 1002 to House Bill 1005 and advanced the treasurer's budget as amended, adding salary and operating funds and a provision to transfer the Unclaimed Property Division and four FTEs to the State Treasurer.

The Appropriations - Government Operations Division voted to attach Amendment 1002 to House Bill 1005 and advanced the treasurer's budget as amended.

The committee carried the amendment and then voted to give HB1005 a due-pass recommendation as amended. Chairman Munson presided over the roll call; the clerk recorded affirmative votes from Chairman Munson, Vice Chairman Brandenburg, Representatives Bosch, Fisher, Kempeneck, Meyer and Pyle. Representative Kempeneck moved the amendment; Representative Grama seconded the due-pass motion.

The amendment adds funding for salary and benefit increases and for operating costs tied to a planned transfer of the Unclaimed Property Division from the Department of Trust Lands to the State Treasurer. Committee staff described a $975,000 increase to the salary line to cover statutory salary/benefit increases and funding for a vacant FTE pool. For the unclaimed property transfer the amendment includes…

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