AB 355 — Unclaimed property: safe deposit boxes.
Last action — Chaptered by Secretary of State - Chapter 297, Statutes of 2015.
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✓Introduced
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✓In Committee
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✓Passed Assembly
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 17, 2015. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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2 sponsors
1 primary, 1 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 D).
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Cleared a recorded vote
Passed 5 recorded votes 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.
Summary
Existing law, the Unclaimed Property Law, governs the disposition of unclaimed property, including the escheat of certain property to the state. Existing law provides for the escheat to the state of the contents of, or proceeds of sale of the contents of, any safe deposit box or any other safekeeping repository held in the state by a business association, as specified. In cases where the contents of a safe deposit box or other safekeeping repository escheat to the state, existing law requires the business association to report to the Controller certain information regarding the property and owner, including a description of the property and the place where it is held and may be inspected by the Controller. Within 165 days after the final date for filing the report, existing law requires the Controller to mail a notice to each person having an address listed in the report who appears to be entitled to property escheated, as specified. This bill would additionally authorize the Controller to mail a separate notice to an apparent owner of a United States savings bond, war bond, or military award inside a safe deposit box or other safekeeping repository whose name is shown on or can be associated with the contents of a safe deposit box or other safekeeping repository and is different from the name of the reported owner.
Bill Text
- Chaptered 09/21/15 - Chaptered Current pdf September 21, 2015
- Enrolled 09/03/15 - Enrolled pdf September 03, 2015
- Amended 08/19/15 - Amended Senate pdf August 19, 2015
- Amended 06/23/15 - Amended Senate pdf June 23, 2015
- Amended 05/26/15 - Amended Senate pdf May 26, 2015
- Amended 03/17/15 - Amended Assembly pdf March 17, 2015
- Introduced 02/17/15 - Introduced pdf February 17, 2015
- AB355 View text html
Action History
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Chaptered by Secretary of State - Chapter 297, Statutes of 2015.
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Approved by the Governor.
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Enrolled and presented to the Governor at 4 p.m.
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Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 80. Noes 0. Page 2733.).
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Assembly Rule 77 suspended. (Page 2729.)
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In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 2 pursuant to Assembly Rule 77.
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Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0. Page 2291.).
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Read second time. Ordered to third reading.
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Read third time and amended. Ordered to second reading.
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Ordered to third reading.
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From Consent Calendar.
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Read second time. Ordered to Consent Calendar.
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From committee: Be placed on second reading file pursuant to Senate Rule 28.8 and ordered to consent calendar.
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Read second time and amended. Re-referred to Com. on APPR.
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From committee: Amend, and do pass as amended and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 7. Noes 0.) (June 16).
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In committee: Set, first hearing. Hearing canceled at the request of author.
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From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on JUD.
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Referred to Com. on JUD.
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In Senate. Read first time. To Com. on RLS. for assignment.
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Read third time. Passed. Ordered to the Senate. (Ayes 76. Noes 0. Page 714.)
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Read second time. Ordered to third reading.
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From committee: Do pass. (Ayes 10. Noes 0.) (March 24).
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Re-referred to Com. on JUD.
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From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
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Referred to Com. on JUD.
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From printer. May be heard in committee March 20.
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Read first time. To print.
Sponsors
- Anderson · Cosponsor
- Robert Garcia · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 120 not signed on
Sponsors (1)
- Garcia, Robert Democratic
Co-sponsors (1)
- Anderson
Not signed on (120)
120 members have not signed on to this bill.
Show all 120 →"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 | 71 | 0 | 0 | 0 |
| Democratic | 4 | 0 | 0 | 0 |
| Republican | 5 | 0 | 0 | 0 |
| Total | 80 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (80)
| Member | Party | Vote |
|---|---|---|
| Achadjian | — | Yea |
| Alejo | — | Yea |
| Bloom | — | Yea |
| Brough | — | Yea |
| Brown | — | Yea |
| Linder | — | Yea |
| Low | — | Yea |
| Maienschein | — | Yea |
| Mathis | — | Yea |
| Mayes | — | Yea |
| Obernolte | — | Yea |
| Quirk | — | Yea |
| Rendon | — | Yea |
| Steinorth | — | Yea |
| Waldron | — | Yea |
| Weber | — | Yea |
| Wood | — | Yea |
| Eggman | — | Yea |
| Chávez | — | Yea |
| Cooper | — | Yea |
| Daly | — | Yea |
| Frazier | — | Yea |
| Salas | — | Yea |
| Olsen | — | Yea |
| Rodriguez | — | Yea |
| Ting | — | Yea |
| Burke | — | Yea |
| Gatto | — | Yea |
| Gomez | — | Yea |
| Gordon | — | Yea |
| Harper | — | Yea |
| Holden | — | Yea |
| Campos | — | Yea |
| Jones-Sawyer | — | Yea |
| Kim | — | Yea |
| Levine | — | Yea |
| Gray | — | Yea |
| McCarty | — | Yea |
| Atkins | — | Yea |
| Chang | — | Yea |
| Bonilla | — | Yea |
| Medina | — | Yea |
| Lopez | — | Yea |
| Melendez | — | Yea |
| Baker | — | Yea |
| Bigelow | — | Yea |
| Chau | — | Yea |
| Chiu | — | Yea |
| Chu | — | Yea |
| Cooley | — | Yea |
| Dababneh | — | Yea |
| Dodd | — | Yea |
| Mullin | — | Yea |
| Nazarian | — | Yea |
| O'Donnell | — | Yea |
| Perea | — | Yea |
| Ridley-Thomas | — | Yea |
| Santiago | — | Yea |
| Thurmond | — | Yea |
| Wagner | — | Yea |
| Wilk | — | Yea |
| Williams | — | Yea |
| Hadley | — | Yea |
| Beth Gaines | — | Yea |
| Cristina Garcia | — | Yea |
| Eduardo Garcia | — | Yea |
| Jim Patterson | — | Yea |
| Lorena Gonzalez | — | Yea |
| Mark Stone | — | Yea |
| Roger Hernández | — | Yea |
| Travis Allen | — | Yea |
| Bonta, Mia | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Gipson, Mike A. | Democratic | Yea |
| Irwin, Jacqui | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Gallagher, James | Republican | Yea |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Lackey, Tom | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 37 | 0 | 0 | 0 |
| Democratic | 3 | 0 | 0 | 0 |
| Total | 40 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Bates | — | Yea |
| Beall | — | Yea |
| Hueso | — | Yea |
| Leyva | — | Yea |
| Nielsen | — | Yea |
| Vidak | — | Yea |
| Galgiani | — | Yea |
| Fuller | — | Yea |
| Hill | — | Yea |
| Cannella | — | Yea |
| Allen | — | Yea |
| Lara | — | Yea |
| Mitchell | — | Yea |
| Anderson | — | Yea |
| Pan | — | Yea |
| De León | — | Yea |
| Runner | — | Yea |
| Glazer | — | Yea |
| Hall | — | Yea |
| Hancock | — | Yea |
| Hernandez | — | Yea |
| Hertzberg | — | Yea |
| Block | — | Yea |
| Huff | — | Yea |
| Leno | — | Yea |
| Liu | — | Yea |
| Mendoza | — | Yea |
| Monning | — | Yea |
| Moorlach | — | Yea |
| Morrell | — | Yea |
| Pavley | — | Yea |
| Roth | — | Yea |
| Wieckowski | — | Yea |
| Wolk | — | Yea |
| Beth Gaines | — | Yea |
| Bill Berryhill | — | Yea |
| Mark Stone | — | Yea |
| Jackson, Corey A. | Democratic | Yea |
| McGuire, Mike | Democratic | Yea |
| Nguyen, Stephanie | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 6 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Anderson | — | Yea |
| Leno | — | Yea |
| Monning | — | Yea |
| Hertzberg | — | Yea |
| Moorlach | — | Yea |
| Wieckowski | — | Yea |
| Jackson, Corey A. | Democratic | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 67 | 0 | 0 | 3 |
| Democratic | 4 | 0 | 0 | 0 |
| Republican | 5 | 0 | 0 | 1 |
| Total | 76 | 0 | 0 | 4 |
| % of votes cast | 95% | 0% | 0% | 5% |
How each member voted (80)
| Member | Party | Vote |
|---|---|---|
| Achadjian | — | Yea |
| Alejo | — | Yea |
| Baker | — | Yea |
| Bigelow | — | Yea |
| Brough | — | Yea |
| Brown | — | Yea |
| Holden | — | Yea |
| Kim | — | Yea |
| Maienschein | — | Yea |
| Mathis | — | Not Voting |
| Medina | — | Yea |
| Melendez | — | Yea |
| Mullin | — | Yea |
| Perea | — | Yea |
| Steinorth | — | Yea |
| Wagner | — | Yea |
| Waldron | — | Yea |
| Williams | — | Yea |
| Campos | — | Yea |
| Eggman | — | Yea |
| Dodd | — | Yea |
| Gatto | — | Yea |
| Harper | — | Yea |
| Low | — | Yea |
| Mayes | — | Yea |
| Salas | — | Yea |
| Chávez | — | Yea |
| Obernolte | — | Yea |
| Olsen | — | Yea |
| Bonilla | — | Yea |
| Nazarian | — | Yea |
| O'Donnell | — | Yea |
| Cooper | — | Yea |
| Dababneh | — | Yea |
| Gray | — | Yea |
| Frazier | — | Yea |
| Lopez | — | Yea |
| Gordon | — | Yea |
| Hadley | — | Yea |
| Jones-Sawyer | — | Not Voting |
| Levine | — | Yea |
| Linder | — | Yea |
| McCarty | — | Yea |
| Burke | — | Yea |
| Atkins | — | Yea |
| Quirk | — | Yea |
| Bloom | — | Yea |
| Chang | — | Yea |
| Chau | — | Yea |
| Chiu | — | Yea |
| Chu | — | Yea |
| Cooley | — | Yea |
| Daly | — | Yea |
| Rendon | — | Not Voting |
| Ridley-Thomas | — | Yea |
| Rodriguez | — | Yea |
| Santiago | — | Yea |
| Thurmond | — | Yea |
| Ting | — | Yea |
| Weber | — | Yea |
| Wilk | — | Yea |
| Wood | — | Yea |
| Gomez | — | Yea |
| Gonzalez | — | Yea |
| Beth Gaines | — | Yea |
| Cristina Garcia | — | Yea |
| Eduardo Garcia | — | Yea |
| Mark Stone | — | Yea |
| Roger Hernández | — | Yea |
| Travis Allen | — | Yea |
| Bonta, Mia | Democratic | Yea |
| Calderon, Lisa | Democratic | Yea |
| Gipson, Mike A. | Democratic | Yea |
| Irwin, Jacqui | Democratic | Yea |
| Dahle, Megan | Republican | Yea |
| Gallagher, James | Republican | Not Voting |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Yea |
| Lackey, Tom | Republican | Yea |
| Patterson, Joe | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 9 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 10 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (10)
| Member | Party | Vote |
|---|---|---|
| Alejo | — | Yea |
| Wagner | — | Yea |
| Holden | — | Yea |
| Chau | — | Yea |
| Chiu | — | Yea |
| Maienschein | — | Yea |
| O'Donnell | — | Yea |
| Cristina Garcia | — | Yea |
| Mark Stone | — | Yea |
| Gallagher, James | Republican | Yea |
Subjects
Frequently asked questions
- What does AB 355 do?
- Existing law, the Unclaimed Property Law, governs the disposition of unclaimed property, including the escheat of certain property to the state. Existing law provides for the escheat to the state of the contents of, or proceeds of sale of the contents of, any safe deposit box or any other safekeeping repository held in the state by a business association, as specified. In cases where the contents of a safe deposit box or other safekeeping repository escheat to the state, existing law requires the business association to report to the Controller certain information regarding the property and owner, including a description of the property and the place where it is held and may be inspected by the Controller. Within 165 days after the final date for filing the report, existing law requires the Controller to mail a notice to each person having an address listed in the report who appears to be entitled to property escheated, as specified. This bill would additionally authorize the Controller to mail a separate notice to an apparent owner of a United States savings bond, war bond, or military award inside a safe deposit box or other safekeeping repository whose name is shown on or can be associated with the contents of a safe deposit box or other safekeeping repository and is different from the name of the reported owner.
- Who sponsors AB 355?
- AB 355 is sponsored by Anderson and Garcia, Robert (Democratic).
- What is the current status of AB 355?
- This bill has been enacted into law. Introduced February 17, 2015. Enacted.
- Where can I track AB 355?
- Track AB 355 free on One Click Politics — get push/email alerts when it moves.
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