Relating to the delivery of unclaimed property to certain urban scholarship funds; authorizing administrative penalties.
Bill overview
Relating to the delivery of unclaimed property to certain urban scholarship funds; authorizing administrative penalties.
Reference notes
HB 4279 sources, status methodology and verification
Sources
- HB 4279 official legislative recordPrimary bill-status record.
- Current official bill textOfficial bill text or printing.
Methodology
KeepTXRed treats the official legislative record and latest official action as the factual status layer for HB 4279. Status labels are normalized for browsing, while the legislative timeline and documents preserve official action text and source links. Any KeepTXRed explanation below is editorial context and remains separate from the official record.
Last verified
Legislative record synchronized September 5, 2026 at 9:55 PM UTC; latest recorded official action May 14, 2025.
Bill → law → agency context
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Official fiscal-note agency context
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KeepTXRed explanation
This reviewed explanation is separate from the official bill record and is provided for general information, not legal advice.
KeepTXRed summary
HB 4279 was a House-passed proposal requiring certain telecommunications companies to direct qualifying unclaimed money to an urban scholarship fund rather than merely allowing them to do so. It did not become law.
What would change
The House substitute would have required local exchange companies to deliver covered reported unclaimed money to a scholarship fund for needy urban students attending college, technical school or another postsecondary institution and would have imposed an unclaimed-property-style penalty for failure to deliver the money on time.
Who may be affected
Urban students seeking scholarships, local exchange companies, scholarship-fund administrators, the comptroller and postsecondary institutions.
When it would take effect
HB 4279 did not take effect. It passed the House and was received by the Senate on May 14, 2025, but did not receive final Senate passage.
Limits and uncertainty
No mandatory transfer of unclaimed telecommunications money to an urban scholarship fund or related penalty was enacted through HB 4279. Existing unclaimed-property law remains controlling.
Editorial sources and review notes
Official House text/analysis and legislative stages reviewed.
Editorial explanation reviewed 9/6/2026.
Current status
Passed
Received from the House
Latest official action
Received from the House
May 14, 2025 · house
Who this bill may affect
A verified audience or subject classification has not been attached to this bill yet.
Use the bill overview and official documents to determine whether the proposal may apply to you, your business, or a public agency.
Sponsors
Committee history
- Higher Education
Out of committee
Legislative timeline
Received from the House
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Official recordReported favorably as substituted
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Official recordCommittee substitute considered in committee
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Official recordReferred to Higher Education
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Official record
Official bill text
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