Texas Comptroller Glenn Hegar Observes National Unclaimed Property Day

0
screenshot of tx unclaimed property homepage

(AUSTIN) — Texas Comptroller Glenn Hegar is joining other unclaimed property administrators to celebrate the fourth annual national Unclaimed Property Day.

“I am proud to have returned more than $2 billion to Texans since becoming Comptroller, including a record $344 million last fiscal year, and we are continually looking for new ways to return even more,” Hegar said. “This effort is a testament to the hardworking folks in our Unclaimed Property Division. The money belongs to the people of Texas, and I encourage everyone to visit ClaimItTexas.gov to see if the state is holding some of their unclaimed property.”

According to officials with the National Association of Unclaimed Property Administrators, one in seven people in the United States have unclaimedproperty. Unclaimed property includes things such as forgotten utility deposits or other refunds, insurance proceeds, payroll checks, cashier’s checks, dividends, mineral royalties, dormant bank accounts and bandoned safe-deposit box contents. Businesses generally turn property over to the unclaimed property program after it has been considered dormant for one to five years.

The Comptroller’s office has returned more than $4 billion in unclaimed property to its owners since Texas’ unclaimed property program began in 1962. The state is currently holding more than $8 billion in cash and other valuables through the program. The average value of an approved claim is more than $1,000.

There is generally no statute of limitations for unclaimed property the state holds, which means there’s no time limit for owners to file a claim — they can do so at any time.

For more information, or to search for unclaimed property and begin the claims process, visit the Comptroller’s unclaimed property website, ClaimItTexas.gov. Texans are also encouraged to check MissingMoney.com or FindMyFunds.com to search for property that may belong to them in other states.

Previous articlePublic Utility Commission of Texas Names Connie Corona Interim Executive Director
Next articleMardi Gras Celebrations Abound in North Texas
Avatar photo
Kristin Barclay graduated from the University of South Carolina with a major in Journalism and Advertising. Throughout her career, Kristin has demonstrated a passion for storytelling and a commitment to providing accurate, timely, and informative news coverage. She has a deep understanding of the issues and concerns facing local communities and has earned a reputation as a trusted source for reliable news and information. In addition to her work as an editor and journalist, Kristin is also a skilled writer and has written articles on a wide range of topics, including politics, business, education, and culture. She has a keen eye for detail and a talent for crafting compelling stories that engage and inform readers. Kristin is also an active member of the community and has volunteered her time and resources to numerous organizations and causes. She believes in the importance of giving back and making a positive impact on the world around us. In addition to her professional accomplishments, Kristin Barclay is also a passionate advocate for local journalism and the role it plays in keeping communities informed and engaged. She believes strongly in the importance of supporting local news outlets and is dedicated to ensuring that quality journalism remains a vital part of our society. Outside of work, Kristin enjoys traveling both for business and pleasure. She loves exploring new places, meeting new people, and experiencing different cultures. Whether she's on a business trip or a vacation, Kristin is always eager to discover what makes each place unique and special. Kristin's passions include boots, bourbon, dogs and college football. She is a self-proclaimed boot aficionado and has an impressive collection of cowboy boots that she wears with pride. She also enjoys sipping on a good bourbon and spending time with her husband and beloved border collies. Last but certainly not least, Kristin is the proud mother of two children who bring joy and meaning to her life. She is deeply committed to being a loving and supportive parent, and her children are her greatest source of inspiration and motivation

This site uses Akismet to reduce spam. Learn how your comment data is processed.