Change provisions relating to unclaimed property proceeds and funds and a statute of limitations
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LB 1074 — Change provisions relating to unclaimed property proceeds and funds and a statute of limitations
Last action — Indefinitely postponed
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed Legislature
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4To Executive
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5Enacted
This bill is in committee in the Legislature. Introduced January 15, 2026. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Legislature.
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.
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
- Introduced View text Current pdf
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
The bill modifies the management and distribution of unclaimed property funds, updates the statute of limitations for claims, and establishes new trust funds.
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69-1315
no NoRemoves a redundant word in the legal text.
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69-1317
one million dollars→ five million dollarsIncreases the threshold for transferring excess funds from the Unclaimed Property Trust Fund to other designated funds.
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69-1317
any balance in excess of one million dollars from the Unclaimed Property Trust Fund to the permanent school fund.→ any balance in excess of five million dollars from the Unclaimed Property Trust Fund as follows: (i) The first one million dollars to the Capitol Restoration Cash Fund; and (ii) Any remaining balance to the permanent school fund.Alters the distribution of excess funds from the Unclaimed Property Trust Fund by adding a new allocation to the Capitol Restoration Cash Fund.
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69-1317
On or before November 1 of each year prior to 2026→ On or before November 1 of each year beginning in 2026 through 2035Changes the scheduling for annual transfers from the Unclaimed Property Trust Fund.
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69-1317
any balance in excess of one million dollars from the Unclaimed Property Trust Fund to the permanent school fund.→ any balance in excess of five one million dollars from the Unclaimed Property Trust Fund to the permanent school fund.Corrects and clarifies the language regarding the transfer thresholds for excess balances.
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69-1317
is created.→ is created.Establishes two new trust funds: the Unclaimed Property Cash Fund and Unclaimed Property Liquidation Proceeds Trust Fund.
Action History
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Indefinitely postponed
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Provisions/portions of LB1074 amended into LB1075 by AM2496
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Placed on General File
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Referred to Government, Military and Veterans Affairs Committee
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Notice of hearing for January 29, 2026
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Kauth FA733 filed
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Date of introduction
Sponsors
- Rita Sanders · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 48 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (48)
48 members have not signed on to this bill.
Show all 48 →"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 LB 1074?
- LB 1074 is sponsored by Rita Sanders.
- What is the current status of LB 1074?
- This bill is in committee in the Legislature. Introduced January 15, 2026. It must pass committee before a floor vote.
- Where can I track LB 1074?
- Track LB 1074 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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