Oregon Senate Bill 932 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on June 25 2023 - 100% progression
Action: 2023-06-25 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Authorizes governing body of local government to adopt ordinance establishing that owner forfeits intangible property worth $10 or less if local government holds property for more than two years and owner does not claim property. Authorizes governing body of local government to adopt ordinance establishing that owner forfeits intangible property worth $10 or less if local government holds property for more than two years and owner does not claim property. Provides that local government may assume ownership of forfeited intangible property and place monetary value of property in general fund to be used for general operating expenses.

Relating to unclaimed property.

Sen. Mark Meek [D]

Date	Chamber	Action
2023-06-25	Senate	In committee upon adjournment.
2023-02-22	Senate	Referred to Finance and Revenue.
2023-02-21	Senate	Introduction and first reading. Referred to President's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2023R1/Measures/Overview/SB932
Text	https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/SB932/Introduced
Supplement	https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureAnalysisDocument/74462