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H.R. 5692

BillFederalHouseIn Committee
Promoting Access to Justice through Unclaimed Deposits Act of 2018
About This Bill
Committee
Latest Action · May 7, 2018
Referred to the House Committee on Financial Services.
Congress
115th (2017–2019)
Introduced
May 7, 2018
Sponsor
Rep. Jenniffer Gonzalez-ColonR
Cosponsors (0)
None
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Summary

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Promoting Access to Justice through Unclaimed Deposits Act of 2018 This bill requires financial institutions to deposit unclaimed funds into an interest- or dividend-bearing account. The interest or dividend generated from such a deposit must be transferred to an appropriate state account that also holds the interest generated from lawyer trust accounts.

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