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The Treasury Safekeeping Trust Company kept several billion dollars in securities owned by state agencies and the treasury. Unclaimed money from dormant bank accounts, insurance benefits, corporate dividends, and mineral proceeds, for example, were handled through the Unclaimed Property Division, which the treasury used to locate missing owners.
Across the nation, more than $20 billion is waiting to be reclaimed by citizens who may not even know they may be owed cash from "unclaimed property," which can include uncashed paychecks, refunds ...
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 ...
The primary duties of the comptroller's office are to collect substantially all tax revenue owed to the State of Texas (this involves more than 60 different types of taxes from the sales tax-- the largest source of the state's tax revenue, since Texas does not have a personal income tax-- to minor items such as the "battery sales fee" -- a $2–$3 fee on sales of lead-acid batteries) and to ...
Continue reading → The post Unclaimed Money From Deceased Relatives appeared first on SmartAsset Blog. But through poor oversight or lack of planning, an inheritance could be temporarily displaced.
February 1 is Unclaimed Property Day, an arbitrarily chosen date to remind you that they may have unclaimed cash or other assets that your state wants to give back to you. More than 30 million ...
It sets ethical standards for the treasury profession in state and local government. The treasurer of a public agency is elected by the voting public or are appointed staff. Public treasurers are primarily responsible for managing the revenue and cash flow of the agency.
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