House Sponsors: PARKE-TURNER,ART. Senate Sponsors: DILLARD Short description: UNCLAIMED PROP-MONEY ORDERS Synopsis of Bill as introduced: Amends the Uniform Disposition of Unclaimed Property Act. Provides that any sum payable on a money order that has been outstanding for more than 7 (instead of 5) years from the date of its issuance is presumed abandoned, unless the owner has within 7 (instead of 5) years corresponded with or indicated an interest to the appropriate banking or financial organization or business association. Effective immediately. FISCAL NOTE (Economic and Fiscal Commission) HB 207 would not affect the fiscal operations of the Economic and Fiscal Commission. It could impact unclaimed property; however, the amount would be minimal. SENATE AMENDMENT NO. 1. Changes the effective date to January 1, 2004. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status