Ohio Proposes Amendments to Unclaimed Funds Law

Leawood, KS – August 2, 2021: The Ohio House has presented House Bill 348 (HB 348) which proposes to amend Ohio’s Unclaimed Funds Law. The Bill was introduced on June 10, 2021 and referred to the Committee on Financial Institutions on June 16, 2021, where it currently...

Tennessee Decreases Aggregate Reporting Amount

Leawood, KS – June 10, 2021: The State of Tennessee passed, and Governor Lee signed, Senate Bill 611 (SB 611) on April 28, 2021. Among other revisions, SB 611, amended the Tennessee Uniform Unclaimed Property Act to decrease the amount a holder of property presumed...

Texas Enhances its Property Codes for Stored Value Cards

Leawood, KS – April 23, 2021: In February 2021, Texas released the 2021 Unclaimed Property Reporting Instructions. The property codes were updated in the revised Reporting Instructions to include the code, AC09, for stored value cards issued by Financial Institutions...