HB114 Alabama 2023 Session
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Bill Summary
Sponsors
Session
Regular Session 2023
Title
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.
Description
<p class="bill_description">
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</p><p class="bill_description"> 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</p><p class="bill_description"> 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</p><p class="bill_description"> This bill would also make nonsubstantive,
technical revisions to update the existing code
language to current style</p><p class="bill_entitled_an_act"> 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.
</p>
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 - Introduced |
| Bill Text | HB114 Alabama 2023 Session - Engrossed |
| 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 |