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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 ...
In total, Treasury is working to return more than $4.5 billion in unclaimed property. Treasury returned almost $274 million in fiscal year 2022-23, which officials said was the most unclaimed ...
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]
Delaware v. Pennsylvania, 598 U.S. 115 (2023), was a United States Supreme Court case related to unclaimed money and check escheatment. [1] This case was Justice Ketanji Brown Jackson's first majority opinion on the Supreme Court. [2] [3] It was also the first case the Supreme Court had taken on unclaimed property in over 30 years. [4]
Treasury has a simple search tool to help as many Pennsylvanians as possible get back what is rightfully theirs. Torsella initiated an effort to return unclaimed or abandoned military decorations to veterans and their families. Treasury's vault holds hundreds of military awards and medals, including Purple Hearts and Bronze Stars.
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Unclaimed property laws in the United States provide for two reporting periods each year whereby unclaimed bank accounts, stocks, insurance proceeds, utility deposits, un-cashed checks and other forms of "personal property" are reported first to the individual state's Unclaimed Property Office, then published in a local newspaper and then ...