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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 ...
What to know about unclaimed property in Pennsylvania The state is holding about 32 million properties totaling $4.3 billion, treasury press secretary Samantha Heckel told the Centre Daily Times.
A newly passed bill allows Pennsylvania to return unclaimed funds to a person without a claim. The law was originally proposed by state Treasurer Stacy Garrity last year.
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]
MissingMoney.com is a web portal created by participating U.S. states to allow individuals to search for unclaimed funds. [1] It was established in November 1999, [2] as a joint effort between the National Association of Unclaimed Property Administrators (NAUPA) and financial services provider CheckFree. [3] By December of that year, 10 states ...
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]
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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 ...
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