HB114 Alabama 2023 Session
Bill Summary
Under existing law there is no provision establishing the disposition of certain unclaimed property held by county officials for five years and subsequently paid into in a county treasury and remaining unclaimed for an additional 10 years
This bill would provide that following public notice, the rights of any person to recover unclaimed property would be forfeited after remaining in a county treasury for 10 years and then become vested in the county treasury for the construction, maintenance, and repair of county roads and bridges
This bill would provide that unclaimed funds held by a county under Section 19-3-87, Code of Alabama 1975, are exempt from Section 35-12-73, Code of Alabama 1975
This bill would also make nonsubstantive, technical revisions to update the existing code language to current style
HB114 INTRODUCED Relating to fiduciary funds in the hands of officials; to amend Section 19-3-87, Code of Alabama 1975, to provide for disposition of unclaimed funds held in a county treasury after being unclaimed for a certain number of years; and to amend Section 35-12-73, Code of Alabama 1975, to exempt unclaimed funds under Section 19-3-87, Code of Alabama 1975.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 18, 2023 | S | Read Second Time in Second House |
| April 18, 2023 | S | Reported Out of Committee in Second House |
| April 18, 2023 | S | Reported Favorably from Senate County and Municipal Government |
| April 12, 2023 | S | Referred to Committee to Senate County and Municipal Government |
| April 12, 2023 | H | Read First Time in Second House |
| April 11, 2023 | H | Read a Third Time and Pass |
| April 11, 2023 | H | Adopt O23AMW-1 |
| April 11, 2023 | H | On Third Reading in House of Origin |
| April 5, 2023 | H | Read Second Time in House of Origin |
| April 5, 2023 | H | Reported Out of Committee in House of Origin |
| April 5, 2023 | H | Amendment/Substitute by House County and Municipal Government O23AMW-1 |
| April 5, 2023 | H | Reported Favorably from House County and Municipal Government |
| March 30, 2023 | H | Amendment/Substitute by House County and Municipal Government 9W58PM-1 |
| March 21, 2023 | H | Introduced and Referred to House County and Municipal Government |
| March 21, 2023 | H | Read First Time in House of Origin |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 18, 2023 | Finance and Taxation at 13:00 | Senate County and Municipal Government Hearing |
| Hearing | April 5, 2023 | Room 429 at 13:30 | House County and Municipal Government Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB114 Alabama 2023 Session - Engrossed |
| Bill Text | HB114 Alabama 2023 Session - Introduced |
| Bill Amendments | House County and Municipal Government AMD/SUB |
| Bill Amendments | House County and Municipal Government AMD/SUB |
| Fiscal Note | Fiscal Note - As Introduced |
| Fiscal Note | Fiscal Note - As Passed First Chamber Committee |