IA D 5342 Prefiled
On January 18, 2024, a draft, IA D 5342, was prefiled. This draft proposes to amend the current unclaimed property law by adding new sections
Solution: Unclaimed Property
Unclaimed Property
Delaware Announces 2024 VDA Invitation Dates
Delaware’s Secretary of State (SOS) recently advised that they plan to send invitations to companies to participate in the Delaware Voluntary Disclosure Agreement (VDA) program
Legislative Alert: FL HB 989 Prefiled
FL HB 989 was prefiled on December 21, 2023. This bill proposes sweeping amendments to Florida’s unclaimed property law. The proposed changes are as follows:
Legislative Alert: WA H 2095 and WA S 5988 Introduced
This is to advise that the State of Washington has introduced companion bills addressing unclaimed gift cards. House Bill 2095 and Senate Bill 5988 were
Unclaimed Property
Unclaimed Property 101
It’s the law to track and report abandoned property to the states. Make sure you have all the information you need to file successfully and
Unclaimed Property
2024 UPPO Annual Conference
The UPPO Annual Conference is the premier event for professionals responsible for unclaimed property. Stop by our booth 109/111 and see how Sovos can assist
TEST – CDN USE PAGE
Your Guide to Unclaimed Property Management Failing to account for unclaimed property can cost businesses millions of dollars. As more states dramatically increase their efforts
Unclaimed Property
You Received a Revised Delaware Verified Report Request – What Now?
November 2023 saw a sharp increase in the number of Notices Requesting Verified Reports for Report Year 2022 being issued by Delaware. After further research,
Unclaimed Property
A Look Back at Fall Unclaimed Property Reporting
Another October unclaimed property filing season is now over for both clients and Sovos. Overall, 70% of reports filed by Sovos on behalf of our
Oregon House Bill was enacted on 7/13/23
This is to advise that the Oregon House Bill was enacted on 7/13/23. The new law becomes effective on 1/1/24. This law focuses on due
Unclaimed Property
Developing an Effective UP Program
With filing season in the rearview mirror, join Sovos for a chance to unwind over fun holiday cocktails while learning how to develop or strengthen
Your Guide to Unclaimed Property Management
Your Guide to Unclaimed Property Management Failing to account for unclaimed property can cost businesses millions of dollars. As more states dramatically increase their efforts
Unclaimed Property
Navigating Unclaimed Property Compliance in the Realm of Virtual Currency
Complexities surrounding virtual currency and unclaimed property compliance continue to grow and morph as states adopt new requirements and service offerings continue to evolve. Join
Unclaimed Property
STA Annual Conference
Freda Pepper will be speaking at STA Annual Conference on the Unclaimed Property Panel addressing the latest in the unclaimed property arena.
Unclaimed Property
Financial Institutions and Unclaimed Property
During this webinar, our unclaimed property professionals will explain some of the complexities related to the escheatment of banking property. Learn about escheatment criteria that
UP Best Practices
Brokerage Account Escheatment, Audit Trends, and Best Practices
Learn about the treatment of Brokerage Accounts under state unclaimed property laws. As very few states specifically address these accounts, the analysis and reporting of
Unclaimed Property
Nevada Enacts Some Unwelcome Changes to Unclaimed Property Law
For the third time in four years, Nevada has amended its unclaimed property law. Indeed, Assembly Bill 55 was enacted in Nevada on June 2,
Unclaimed Property
New York Requests Delay in Reporting Unclaimed Virtual Currency
In an interesting development, New York has requested that companies hold off on reporting unclaimed virtual currency this year. This news comes in the wake of