Introduced
Passed House
Passed Senate
Became law
Last action · April 10, 2026
Signed By Governor (Acts Ch. 78)

Introduced January 21, 2026

House
Signed By Governor
2026 Regular Session

AN ACT relating to the State Treasurer and unclaimed property.

Create a new section of KRS Chapter 2 establishing the fourth week of September of each year to be Unclaimed Property Week; amend KRS 41.020 to remove Treasurer's requirement to maintain his or her residency at the seat of government; amend KRS 393A.020 to remove mineral proceeds from the KRS list of property to which the chapter does not apply; amend KRS 393A.740 to include deficient reports as punishable by civil penalty.

In effect since July 15, 2026

Acts from the 2026 Regular Session that don't carry an emergency clause or set their own effective date took effect 90 days after the session adjourned (Ky. Constitution § 55).

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Plain-language summary
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This bill makes several changes related to the State Treasurer and unclaimed property in Kentucky. It creates an annual Unclaimed Property Week in the fourth week of September, removes the requirement that the State Treasurer live at the seat of government, brings mineral proceeds under the state's unclaimed property rules, and adds civil penalties for filing incomplete or deficient unclaimed property reports. Who it may affect: the State Treasurer, businesses and individuals who file unclaimed property reports, and Kentuckians with unclaimed mineral proceeds.

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Legislative History

Jan 21, 2026 · House
Introduced In House
Jan 21, 2026 · House
To Committee On Committees (H)
Jan 29, 2026 · House
To State Government (H)
Feb 12, 2026 · House
Reported Favorably, 1st Reading, To Calendar
Feb 13, 2026 · House
2nd Reading, To Rules (clerical)
Feb 17, 2026 · House
Posted For Passage In The Regular Orders Of The Day For Wednesday, February 18 2026 (clerical)
Feb 18, 2026 · House
3rd Reading, Passed 99-0
Yea: 99
Nay: 0
Absent: 1
LegiScan roll call
Feb 19, 2026 · Senate
Received In Senate
Mar 20, 2026 · Senate
3rd Reading, Passed 37-0 With Committee Substitute (1)
Yea: 37
Nay: 0
Absent: 1
LegiScan roll call
Mar 31, 2026 · House
Passed 96-0
Yea: 96
Nay: 0
Absent: 4
LegiScan roll call

Primary Sponsor

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Portrait of Chris Freeland

Chris Freeland

Representative · House District 006

Primary sponsor
Chris.Freeland@kylegislature.gov

Co-sponsors (1)

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Portrait of George Brown

George Brown

Representative · House District 077

Co-sponsor
George.Brown@kylegislature.gov

Bill Text Versions

Enacted: Acts chapter (final law)

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Enrolled (passed both chambers)

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Engrossed (passed one chamber)

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Introduced (original)

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