In 2016, the Florida Legislature enacted Section 717.1381, F.S., to provide for a circuit court procedure for escheating to the State of Florida unclaimed United States savings bonds registered in the name of Florida residents. Once the bonds have been escheated to the State of Florida, the Department of Financial Services may request that the bond proceeds be remitted to the Department by the United States Treasury. The Florida Legislature also enacted Section 717.1382, F.S., which provides that the Department may approve a claim for the escheated bonds upon the claimant providing sufficient proof of the validity of the person’s claim. The proposed rule specifies who may receive either the physical U.S. savings bond (when the proceeds thereof have not yet been remitted to the Department) or the proceeds of the bonds that have been paid by the United States Treasury to the Department.