Connecticut legislation · 2026 General Assembly
Connecticut SB488: AN ACT IMPLEMENTING THE TREASURER'S RECOMMENDATIONS FOR REVISIONS TO THE UNCLAIMED PROPERTY PROGRAM AND SECOND INJURY FUND.
Status: Signed into law, June 4, 2026
What the bill says
An act implementing the treasurer's recommendations for revisions to the unclaimed property program and second injury fund. assembly convened.
From the enrolled text:
AN ACT IMPLEMENTING THE TREASURER'S RECOMMENDATIONS FOR REVISIONS TO THE UNCLAIMED PROPERTY PROGRAM AND SECOND INJURY FUND. Assembly convened: Section 1. Section 3-56a of the 2026 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2026): As used in this part, unless the context otherwise requires: (1) "Apparent owner" means the person whose name appears on the records of the holder as the person entitled to the property held, issued or owing by the holder, except for purposes of subdivision (8) of this section, "apparent owner" includes an agent or other representative of the apparent owner, but excludes the holder acting as the apparent owner's agent; (2) "Banking organization" means any state bank and trust company, national banking association or savings bank engaged in business in this state; (3) "Business association" means a corporation, joint stock company, partnership, unincorporated association, joint venture, limited liability Substitute Senate Bill No. 488 company, business trust, trust company, safe deposit company, financial organization, insurance company, person engaged in the business of operating or controlling a mutual fund, utility or other business entity consisting of one or more persons, whether or not for profit; (4) "Financial organization" means any savings and loan association, credit union or investment company; (5) "Funeral service contract" has the same meaning …
Sponsors
- Tom Delnicki (R, 14) · primary sponsor
- Patricia Miller (D, 27)
Latest actions
- : Signed by the Governor
- : Transmitted by Secretary of the State to Governor
- : Transmitted to the Secretary of State
- : Public Act 26-94
- : In Concurrence
- : House Passed as Amended by Senate Amendment Schedule A
- : House Adopted Senate Amendment Schedule A
- : House Calendar Number 567
- : Favorable Report, Tabled for the Calendar, House
- : Transmitted Pursuant To Joint Rule 17
Votes
- House Roll Call 256 (May 5, 2026): 127 yea, 22 nay, passed
- Senate Roll Call 241 (May 4, 2026): 36 yea, 0 nay, passed
- Senate Roll Call 240 (May 4, 2026): 11 yea, 25 nay, failed
- Senate Roll Call 239 (May 4, 2026): 25 yea, 11 nay, passed
- GAE Vote Tally Sheet (Joint Favorable Substitute) (March 20, 2026): 18 yea, 0 nay, passed
Subjects: Escheat, Disclosure, Workers' compensation, Claims Commission, Veterans Affairs, Department of, Abandoned property, Decedents' estates, Second Injury Fund
Common questions
- What is SB488?
- SB488 is a bill in the Connecticut Legislature (2026 General Assembly): AN ACT IMPLEMENTING THE TREASURER'S RECOMMENDATIONS FOR REVISIONS TO THE UNCLAIMED PROPERTY PROGRAM AND SECOND INJURY FUND.
- What does SB488 do?
- In its own words: An act implementing the treasurer's recommendations for revisions to the unclaimed property program and second injury fund. assembly convened.
- What is the status of SB488?
- Signed into law as of June 4, 2026. Latest action: Signed by the Governor (June 4, 2026).
- Who sponsored SB488?
- Tom Delnicki (R, 14), with 1 co-sponsor.
- Where is the official record for SB488?
- On the Connecticut Legislature website: https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00488&which_year=2026
Source: official Connecticut record. Tracked by Delilah, AI for legislation across all 50 states and Congress.