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Bill

Bill

HR 20

Relative to Unclaimed Property Month.

2025-2026 Regular Session Introduced by Dawn Addis and 72 co-sponsors

California designates an "Unclaimed Property Month" to increase public awareness and help residents recover forgotten funds and assets held by the state.

Read. Adopted. (Ayes 76. Noes 0. Page 551.).
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WeVote Research Nonpartisan
Bill Summary · HR 20

Legislative bill overview

HR 20 designates a specific period as "Unclaimed Property Month" in California, likely to raise public awareness about unclaimed funds and property held by the state. This is a recognition/awareness bill rather than substantive legislation creating new programs or regulations.

Why is this important

Many Californians have unclaimed property—forgotten bank accounts, insurance proceeds, utility deposits, and other assets—that the state holds. Designating an awareness month can help residents identify and reclaim their money, which ultimately returns funds to rightful owners rather than having the state retain them indefinitely.

Potential points of contention

  • Minimal controversy expected: The bill passed 76-0 in the Assembly, indicating broad bipartisan support with no opposing votes
  • Resource questions: While non-binding, awareness campaigns do require staffing and budget allocation, though likely minimal for a one-month initiative
  • Effectiveness debate: Critics might question whether a designated month materially increases unclaimed property claims or merely creates symbolic recognition

Compiled from official sources — confirm details with the bill’s official record.

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