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Sep. 1—WILKES-BARRE — Treasurer Stacy Garrity this week announced that Pennsylvania will receive more than $20 million in unclaimed property following a settlement that concludes the landmark ...
The division “attempts to contact the owner directly” for unclaimed property valued at $250 or more, but does not have an automatic returns process in place, and “Pennsylvania’s law would ...
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Treasury's Unclaimed Property Bureau works to reunite more than $2 billion in lost, forgotten and abandoned property with its rightful owners. Since 2009, Treasury has collected $1.134 billion in abandoned property and returned $518 million back to the rightful owners, netting $616 million for the state General Fund budget. [citation needed]
The Pennsylvania Treasury Department holds billions of dollars in unclaimed property including dormant bank accounts, forgotten safe deposit boxes and uncashed checks. Treasury has a simple search tool to help as many Pennsylvanians as possible get back what is rightfully theirs.
On March 15, 2023, Garrity joined Pennsylvania Senator John DiSanto in introducing legislation that will automatically return unclaimed property to Pennsylvania residents. [25] Pennsylvania Money Match will authorize Treasury to automatically return single-owner property for living individuals valued up to $5,000 to the rightful owner after a ...