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H.R. 4298 100th Congress House

Unclaimed Property Act of 1988

Official title: A bill to provide for the disposition of unclaimed property in the custody of the United States.

Introduced: March 30, 1988 See on congress.gov
Government Operations and Politics Federal-state relationsGovernment liabilityGovernment propertyPublic Contracts, Procurement, and Property
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StatesSurplus government property
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 14, 1988
Referred to Subcommittee on Legislation and National Security.
Mar 30, 1988
Referred to House Committee on Government Operations.
Mar 30, 1988
Introduced in House
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 Latest action April 14, 1988

Referred to Subcommittee on Legislation and National Security.

 Plain-English summary Congressional Research Service

Unclaimed Property Act of 1988 - Directs the Comptroller General to examine Federal agency records annually for unclaimed property. Requires agencies to transfer all unclaimed property to the Administrator of General Services for disposition.

Sets forth procedures for the recovery of unclaimed property by States.

Directs the Comptroller General to report annually to the authorized officer of each State all information concerning unclaimed property which the State may be entitled to recover, including the aggregate monetary value of such property. Requires the authorized officer to: (1) file a written demand for the property; and (2) certify in writing that the State shall relieve the United States from any claim arising from the delivery of any property to the State.

Provides for apportioning: (1) property claimed by more than one State; and (2) the aggregate monetary value of unclaimed property based on the population of a State.

Authorizes appropriations as necessary to the Comptroller General and the General Services Administration to carry out this Act.

 Related & companion bills 1
  • S 1612 Identical bill Unclaimed Property Act of 1987
 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4298: Unclaimed Property Act of 1988. 100th Congress. Open America. https://openamerica.io/bill/100-HR-4298/
MLA
"H.R. 4298: Unclaimed Property Act of 1988." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-4298/.
Bluebook (legal)
H.R. 4298, 100th Cong. (2026), https://openamerica.io/bill/100-HR-4298/.
Markdown link
[H.R. 4298: Unclaimed Property Act of 1988](https://openamerica.io/bill/100-HR-4298/)
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