UNCLAIMED PROPERTY: Requires unclaimed property purchase agreements to include certain information. (gov si...
This bill mandates that any purchase agreement for unclaimed property must have certain details included. It outlines the requirements for such agreements and what information is needed when filing a claim based on them.
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SB 525 — UNCLAIMED PROPERTY: Requires unclaimed property purchase agreements to include certain information. (gov sig) (EG NO IMPACT See Note)
Last action — Read by title, under the rules, referred to the Committee on Civil Law and Procedure.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In 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 has passed the Senate. Introduced May 06, 2026. It now moves to the second chamber.
Next likely step: consideration and a floor vote in the House.
Prognosis
Where this bill stands today.
Odds of enactment
ModerateHow often bills like it became law.
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Passed Senate
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).
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Cleared a recorded vote
Passed 1 recorded vote so far.
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.
In plain language
Requires unclaimed property purchase agreements to include specific information.
This bill mandates that any purchase agreement for unclaimed property must have certain details included. It outlines the requirements for such agreements and what information is needed when filing a claim based on them.
Bill Text
What changed in the latest version
6 added · 6 removedPlain-language change summary
The updated version of Bill SB 525 replaces all earlier mentions of the original bill with a new engrossed version. This change indicates that the bill has undergone revisions and improvements since the original draft. The switch from "Original" to "Engrossed" is important because it reflects that the bill may now include updates based on feedback or discussions that occurred during the legislative process, potentially making it a better or more comprehensive piece of legislation.
SLS 26RS-2995 ORIGINALENGROSSED Regular Session SENATE BILL NO.
SLS 26RS-2995 ORIGINALENGROSSED SB NO.
SLS 26RS-2995 ORIGINALENGROSSED SB NO.
SLS 26RS-2995 ORIGINALENGROSSED SB NO.
1:13(B) and 24:177(E)] DIGEST SB 525 OriginalEngrossed 2026 Regular Session Morris Present law establishes the Uniform Unclaimed Property Act of 1997 to provide for collection, administration, and distribution of abandoned propertyin the state and provides for definitions.
SLS 26RS-2995 ORIGINALENGROSSED SB NO.
View plain text versions (2)
- Engrossed SB525 Engrossed Current pdf
- SB525 Original View text pdf
Amendments
2 amendments- House Committee Amendment, #5604, CL&P, Draft Show changes
- House Committee Amendment, #5602, CL&P, Draft Show changes
Click Show changes on an amendment above to see how it modifies the bill.
Action History
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Read by title, under the rules, referred to the Committee on Civil Law and Procedure.
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Read by title, passed by a vote of 36 yeas and 0 nays, and sent to the House. Motion to reconsider tabled.
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Received in the House from the Senate, read by title, lies over under the rules.
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Read by title. Ordered engrossed and passed to third reading and final passage.
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Substitute for Senate Bill No. 261. Read by title and placed on the Calendar for a second reading.
Sponsors
- John C. "Jay" Morris · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 146 not signed on
Sponsors (1)
- John C. "Jay" Morris Republican
Co-sponsors (0)
None.
Not signed on (146)
146 members have not signed on to this bill.
Show all 146 →"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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 1 | 0 | 0 | 0 |
| Republican | 25 | 0 | 0 | 2 |
| Democrat | 10 | 0 | 0 | 1 |
| Total | 36 | 0 | 0 | 3 |
| % of votes cast | 92% | 0% | 0% | 8% |
How each member voted (39)
| Member | Party | Vote |
|---|---|---|
| Mr. President | — | Yea |
| Edward J. Price | Democrat | Yea |
| Gary Carter | Democrat | Yea |
| Gerald Boudreaux | Democrat | Yea |
| Jay Luneau | Democrat | Yea |
| Jimmy Harris | Democrat | Yea |
| Katrina R. Jackson-Andrews | Democrat | Yea |
| Larry Selders | Democrat | Not Voting |
| Regina Barrow | Democrat | Yea |
| Royce Duplessis | Democrat | Yea |
| Sam Jenkins | Democrat | Yea |
| Sidney Barthelemy II | Democrat | Yea |
| Adam Bass | Republican | Yea |
| Alan Seabaugh | Republican | Yea |
| Beth Mizell | Republican | Yea |
| Blake Miguez | Republican | Yea |
| Bob Hensgens | Republican | Yea |
| Brach Jerad Myers | Republican | Yea |
| Caleb Kleinpeter | Republican | Yea |
| Eddie J. Lambert | Republican | Yea |
| Franklin J. Foil | Republican | Yea |
| Glen Womack | Republican | Yea |
| Gregory A. Miller | Republican | Yea |
| Heather Cloud | Republican | Not Voting |
| Jeremy Stine | Republican | Yea |
| John C. "Jay" Morris | Republican | Yea |
| Jr., William "Bill" Wheat | Republican | Yea |
| Kirk Talbot | Republican | Yea |
| Mark Abraham | Republican | Yea |
| Michael "Big Mike" Fesi | Republican | Yea |
| Mike Reese | Republican | Not Voting |
| Patrick Connick | Republican | Yea |
| Patrick McMath | Republican | Yea |
| Rick Edmonds | Republican | Yea |
| Robert "Bob" Owen | Republican | Yea |
| Robert Allain | Republican | Yea |
| Stewart Jr. Cathey | Republican | Yea |
| Thomas A. Pressly | Republican | Yea |
| Valarie Hodges | Republican | Yea |
Subjects
Frequently asked questions
- Who sponsors SB 525?
- SB 525 is sponsored by John C. "Jay" Morris (Republican).
- What is the current status of SB 525?
- This bill has passed the Senate. Introduced May 06, 2026. It now moves to the second chamber.
- Where can I track SB 525?
- Track SB 525 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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