SB 460 — AN ACT CONCERNING A STUDY OF WHETHER UNCLAIMED GIFT CERTIFICATES SHOULD BE CONSIDERED ABANDONED PROPERTY.
Last action — FILE NO. 501
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced March 06, 2026. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 R).
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Bill Text
What changed in the latest version
41 added · 9 removedPlain-language change summary
The latest version of SB 460 now requires the state Treasurer to study whether unredeemed gift certificates should become unclaimed property and be transferred to the state. This change is important because it could potentially increase state revenue by collecting unused gift certificate balances, while also assessing the benefits and drawbacks of such a policy. The bill currently does not have any financial impact on the state or municipalities.
Senate General Assembly RaisedFile Bill No.
460501 February Session, 2026 LCOSenate Bill No.
2785460 ReferredSenate, toApril 8, 2026 The Committee on GOVERNMENTGovernment ADMINISTRATIONAdministration ANDand ELECTIONSElections Introducedreported by:through SEN.
(GAE)FLEXER ANof ACTthe CONCERNING29th ADist., STUDYChairperson OFof WHETHERthe UNCLAIMEDCommittee GIFTon CERTIFICATESthe SHOULDpart BEof CONSIDEREDthe ABANDONEDSenate, PROPERTY.that the bill ought to pass.
AN ACT CONCERNING A STUDY OF WHETHER UNCLAIMED GIFT CERTIFICATES SHOULD BE CONSIDERED ABANDONED PROPERTY.
ThisSB460 act/ shallFile takeNo. effect as follows and shall amend the following sections:
Section501 1 fromSB460 passageFile New section LCO 2785 1 of 2 Raised Bill No.
460501 GAEThis Jointact Favorableshall LCOtake 2785effect 2as offollows 2and shall amend the following sections:
Section 1 from passage New section GAE Joint Favorable SB460 / File No.
501 2 SB460 File No.
501 The following Fiscal Impact Statement and Bill Analysis are prepared for the benefit of the members of the General Assembly, solely for purposes of information, summarization and explanation and do not represent the intent of the General Assembly or either chamber thereof for any purpose.
In general, fiscal impacts are based upon a variety of informational sources, including the analyst’s professional knowledge.
Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.
OFA Fiscal Note State Impact:
None Municipal Impact:
None Explanation The bill requires the Treasurer to conduct a study of the feasibility, potential benefits and disadvantages of having the balance of unredeemed gift certificates escheat to the state as unclaimed property.
This does not result in any fiscal impact to the state as such study can be conducted within available resources.
The Out Years State Impact:
None Municipal Impact:
None SB460 / File No.
501 3 SB460 File No.
501 OLR Bill Analysis SB 460 AN ACT CONCERNING A STUDY OF WHETHER UNCLAIMED GIFT CERTIFICATES SHOULD BE CONSIDERED ABANDONED PROPERTY.
SUMMARY The Office of Legislative Research does not analyze Special Acts.
COMMITTEE ACTION Government Administration and Elections Committee Joint Favorable Yea 14 Nay 5 (03/23/2026) SB460 / File No.
501 4
Action History
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FILE NO. 501
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SENATE CALENDAR NUMBER 313
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FAV. RPT., TAB. FOR CAL., SEN.
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RPTD. OUT OF LCO
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REFERRED TO Office of Legislative Research AND Office of Fiscal Analysis 04/07/26
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FILED WITH LCO
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Joint Favorable
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PUBLIC HEARING 0313
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REF. TO JOINT COMM. ON Government Administration and Elections
Sponsors
- Tom Delnicki · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 186 not signed on
Sponsors (1)
- Tom Delnicki Republican
Co-sponsors (0)
None.
Not signed on (186)
186 members have not signed on to this bill.
Show all 186 →"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.
Subjects
Frequently asked questions
- Who sponsors SB 460?
- SB 460 is sponsored by Tom Delnicki (Republican).
- What is the current status of SB 460?
- This bill is in committee in the Senate. Introduced March 06, 2026. It must pass committee before a floor vote.
- Where can I track SB 460?
- Track SB 460 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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