AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 29, relative to unclaimed property.

SB 611 AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 29, relative to unclaimed property

Tennessee 112th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 29, relative to unclaimed property.
SB-611


About SB-611

As enacted, changes the date used to determine when property held in a pension or retirement account is presumed abandoned; changes, from $50 to $25, the threshold value for property to be included in the report due to the treasurer under the Uniform Unclaimed Property Act; changes the exception to allow the treasurer to waive the claim requirement and deliver the property directly to a person. - Amends TCA Title 66, Chapter 29.

  

Bill Texts

Chaptered 04/30/2021

Draft 02/09/2021

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