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House approves automatic return of small unclaimed property balances under $1,000
2129093 · January 16, 2025
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Summary
House Bill 88, allowing the Department of Revenue to automatically return unclaimed property balances under $1,000 when owners can be validated, passed 100-0 after a sponsor described the state's large unclaimed property holdings.
The Montana House unanimously advanced House Bill 88 on second reading, approving a proposal that would permit the Department of Revenue to automatically return unclaimed property balances under $1,000 to owners when the department can validate identity and right to the property.
Representative Bertolio, sponsor of the bill…
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