Is there money owed to you that you have forgotten about? According to some report, there might be some unclaimed property for Americans.
Nearly 33 million Americans have unclaimed property, according to the National Association of Unclaimed Property Administrators (NAUPA).
On February 1, Texas Comptroller Glenn Hegar will attend an event celebrating the second annual national Unclaimed Property Day.
“I am proud to have returned nearly $2 billion dollars to Texans since becoming Comptroller, and we are continually looking for new ways to return even more,” Hegar explained, according to CBS Austin
“I am proud to have given back more money than any other Texas Comptroller since the Unclaimed Property program was launched in 1962. This effort is part of my continued commitment to focus on customer service and provide taxpayers with transparent and accountable government. The money belongs to the people of Texas, and I encourage everyone to visit ClaimItTexas.org to see if the state is holding some of their unclaimed property.”
It is generally considered dormant after one to five years before businesses turn over unclaimed property.
Texas’ unclaimed property program began in 1962, and the Comptroller’s office has reclaimed more than $3 billion in property since.
The state currently holds more than $7 billion in cash and other valuables.
Examples of unclaimed property include:
- forgotten utility deposits or other refunds
- insurance proceeds
- payroll checks
- cashier’s checks
- mineral royalties
- dormant bank accounts
- abandoned safe-deposit box contents
The state generally doesn’t have a statute of limitations on unclaimed property, so owners can submit a claim at any time.
You may obtain additional information about the unclaimed property program, search for unclaimed property, or file a claim at the Comptroller’s unclaimed property website, ClaimItTexas.org, or call 800-321-2274 (CASH).