An Act amending the act of April 9, 1929 (P.L.343, No.176), known as The Fiscal Code, in disposition of abandoned and unclaimed property, further providing for claim for property paid or delivered.

SB 844 amends Pennsylvania's Fiscal Code to simplify the process for claiming small-value unclaimed property held by the state. It raises the threshold from $500 to $10,000 for the State Treasurer to automatically pay or deliver unclaimed property (or its proceeds) to a person identified as the sole owner in required reports, without requiring a formal claim. This directly affects individuals or entities with small-value unclaimed assets, such as forgotten bank accounts or checks under $10,000. The change streamlines the process for these smaller claims while maintaining existing reporting requirements under the law.