California 2023-2024 Regular Session Status: Introduced 1 D cosponsors

AB 3266 — Unclaimed property: employee benefit plans.

Last action — From printer. May be heard in committee March 18.

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2023-2024 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Summary

Existing law, the Unclaimed Property Law, provides that all tangible personal property located in the state and all intangible personal property, except property of specified classes, that has remained unclaimed by the owner for specified time periods escheats to the state. Existing law specifies the circumstances under which unclaimed employee benefit plan distributions escheat to the state. This bill would make a technical, nonsubstantive change to the provisions governing the escheat of employee benefit plan distributions.

Bill Text

What changed in the latest version

1 added · 1 removed

1 line(s) added, 1 removed.

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Action History

  1. From printer. May be heard in committee March 18.

  2. Read first time. To print.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

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Frequently asked questions

What does AB 3266 do?
Existing law, the Unclaimed Property Law, provides that all tangible personal property located in the state and all intangible personal property, except property of specified classes, that has remained unclaimed by the owner for specified time periods escheats to the state. Existing law specifies the circumstances under which unclaimed employee benefit plan distributions escheat to the state. This bill would make a technical, nonsubstantive change to the provisions governing the escheat of employee benefit plan distributions.
Who sponsors AB 3266?
AB 3266 is sponsored by McKinnor, Tina (Democratic).
What is the current status of AB 3266?
This bill died with 2023-2024 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 3266?
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Last checked for changes 2 months ago · updated continuously

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