Introduced January 21, 2026
HB456
Log in to followAN 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).
Plain-language summary
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
Primary Sponsor
Chris Freeland
Representative · House District 006
Co-sponsors (1)
George Brown
Representative · House District 077
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