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SB 403 GA
Became Law

Unclaimed Property; property is presumed abandoned; provide for exceptions

GA · session 2025_26 · Senate · bill

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Introduced Jan 15, 2026

Latest action (Jul 1, 2026) Effective Date

Summary

A BILL to be entitled an Act to amend Article 5 of Chapter 12 of Title 44 of the O.C.G.A., relating to disposition of unclaimed property, so as to provide for exceptions to when property is presumed abandoned; to provide for abandonment and liquidation of virtual currency; to authorize delay of publication of notice on the "Georgia Unclaimed Property List" under certain circumstances; to provide for methods of payment of claims; to waive the requirement of a probate court order for claims of heirs under certain circumstances; to provide for circumstances under which a claim is void; to provide for definitions; to amend Title 48 of the O.C.G.A., relating to revenue and taxation, so as to waive confidentiality of certain tax records; to provide for related matters; to repeal conflicting laws; and for other purposes.

Sponsors (31)

Action history (17)

  1. Jan 15, 2026 Senate Hopper · upper
  2. Jan 16, 2026 Senate Read and Referred · upper
  3. Feb 3, 2026 Senate Committee Favorably Reported By Substitute · upper
  4. Feb 4, 2026 Senate Read Second Time · upper
  5. Feb 5, 2026 Senate Engrossed · upper
  6. Feb 5, 2026 Senate Third Read · upper
  7. Feb 5, 2026 Senate Passed/Adopted By Substitute · upper
  8. Feb 6, 2026 House First Readers · lower
  9. Feb 9, 2026 House Second Readers · lower
  10. Mar 25, 2026 House Committee Favorably Reported By Substitute · lower
  11. Mar 27, 2026 House Third Readers · lower
  12. Mar 27, 2026 House Passed/Adopted By Substitute · lower
  13. Mar 31, 2026 Senate Agreed House Amend or Sub · upper
  14. Apr 10, 2026 Senate Sent to Governor · upper
  15. May 5, 2026 Senate Date Signed by Governor · upper
  16. May 5, 2026 Act 410 · upper
  17. Jul 1, 2026 Effective Date · legislature
Subjects
COMMERCE AND TRADEPROPERTY

Full text

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