Introduce legislation to stop states from seizing Americans' savings and investments through escheatment laws, including by barring escheatment of securities, digital assets, or non-ERISA retirement accounts unless a financial institution confirms the asset owner has died.

Today, Congressman Sam Liccardo (CA-16) and Congressman Mike Lawler (NY-17) introduced the bipartisan SAFER Act to stop states from seizing Americans’ savings and investments through escheatment laws. ... The SAFER Act bars states from escheating securities, digital assets, or non-ERISA retirement accounts unless and until a financial institution confirms the asset owner has died.

Liccardo announced and introduced the SAFER Act to restrict state seizure of unclaimed property and require confirmation of death before certain assets can be escheated.

New Bipartisan Bill Stops Government-Sanctioned Theft | Congressman Sam Liccardo
primary · press_release · model gpt-5.4-mini

Liccardo and Lawler said they introduced the bipartisan SAFER Act to stop states from seizing Americans' savings and investments through escheatment laws.

Official press release announcing introduction of the SAFER Act, which matches the pledge to curb escheatment of securities, digital assets, and non-ERISA retirement accounts unless death is confirmed.

delivered same_term A for effort

New Bipartisan Bill Stops Government-Sanctioned Theft | Congressman Sam Liccardo
primary · model gpt-5.4-mini · confidence 98%