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Unclaimed Property Fund Transfer For State Programs

Concerning the transfer of forty-two million eight hundred thousand dollars on June 30, 2016, from the unclaimed property trust fund for state programs.
2016 Regular Session
State Revenue & Budget
Bill Summary

On June 30, 2016, the state treasurer is required to transfer $34.8 million from the unclaimed property trust fund to the adult dental fund. This transfer will be used to implement the adult dental benefit for the fiscal year 2016-17. On the same day, the state treasurer is also required to transfer $8 million from the trust fund to the general fund. The act also clarifies that any amount from the trust fund that is credited to the adult dental fund or the general fund constitutes fiscal year spending for purposes of the state constitution.

(Note: This summary applies to this bill as enacted.)


Became Law


Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    05/04/2016 Signed Act PDF
    04/25/2016 Final Act PDF
    04/07/2016 Rerevised PDF
    04/06/2016 Revised PDF
    04/01/2016 Reengrossed PDF
    03/31/2016 Engrossed PDF
    03/28/2016 Introduced PDF

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