Connecticut legislation · 2026 General Assembly
Connecticut SB215: AN ACT CONCERNING THE PRESUMPTION OF ABANDONMENT OF CERTAIN PROPERTY HELD OR OWING BY A BANKING ORGANIZATION.
Status: In committee, March 23, 2026
What the bill says
An act concerning the presumption of abandonment of certain property held or owing by a banking organization. assembly convened.
From the introduced text:
AN ACT CONCERNING THE PRESUMPTION OF ABANDONMENT OF CERTAIN PROPERTY HELD OR OWING BY A BANKING ORGANIZATION. Assembly convened: Section 1. Subsection (a) of section 3-57a of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2026): (a) The following property held or owing by a banking or financial organization is presumed abandoned unless the owner thereof is known to be living by an officer of such organization: (1) Any demand or savings deposit made in this state with a banking organization, together with any interest or dividend thereon, excluding any charges that lawfully may be withheld, unless the owner has, within three years: (A) (i) Increased or decreased the amount of the deposit or the amount of any other demand or savings deposit contained in any of the owner's accounts with the banking organization, or (ii) presented the passbook or other similar evidence of the deposit, or any other demand or savings deposit contained in any of the owner's accounts with the LCO No. 1051 1 of Raised Bill No. banking organization, for the crediting of interest; or (B) corresponded in writing with the banking organization concerning the deposit; or (C) otherwise indicated an interest in the deposit as evidenced by (i) a memorandum on file with the banking organization, or (ii) …
Sponsors
- Christine Cohen (D, 12) · primary sponsor
- Robin Comey (D, 102)
- Tom Delnicki (R, 14)
- Fred Gee (D, 126)
- Eric Berthel (R, 32)
Latest actions
- : File Number 119
- : Senate Calendar Number 92
- : Favorable Report, Tabled for the Calendar, Senate
- : Reported Out of Legislative Commissioners' Office
- : Referred to Office of Legislative Research and Office of Fiscal Analysis 03/23/26 12:00 PM
- : Filed with Legislative Commissioners' Office
- : Joint Favorable Substitute
- : Public Hearing 02/24
- : Referred to Joint Committee on Banking
Votes
- BA Vote Tally Sheet (Joint Favorable Substitute) (March 10, 2026): 13 yea, 0 nay, passed
Subjects: Escheat, Bank deposits, Abandoned property, Banks
Common questions
- What is SB215?
- SB215 is a bill in the Connecticut Legislature (2026 General Assembly): AN ACT CONCERNING THE PRESUMPTION OF ABANDONMENT OF CERTAIN PROPERTY HELD OR OWING BY A BANKING ORGANIZATION.
- What does SB215 do?
- In its own words: An act concerning the presumption of abandonment of certain property held or owing by a banking organization. assembly convened.
- What is the status of SB215?
- In committee as of March 23, 2026. Latest action: File Number 119 (March 23, 2026).
- Who sponsored SB215?
- Christine Cohen (D, 12), with 4 co-sponsors.
- Where is the official record for SB215?
- On the Connecticut Legislature website: https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00215&which_year=2026
Source: official Connecticut record. Tracked by Delilah, AI for legislation across all 50 states and Congress.