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The Mass. Treasurer's office has more than $3.4 billion in unclaimed money. Here's what to know about the Unclaimed Property searchable database.
On average, 1 in 10 people have unclaimed property with the average claim in 2021 being around $734, according to the Massachusetts Unclaimed Property Division
The state treasurer is also responsible for issueing, registering, and servicing the Commonwealth's public debt along with administering escheats and unclaimed property that accrue to the Commonwealth. [10] [11] These are core functions shared with other state treasurers. [12] Other programs have been assigned to the state treasurer by law.
Massachusetts is known for its progressive politics, and is a stronghold of American Liberalism and the Democratic Party. In a 2018 Gallup poll Massachusetts was the state with the highest percentage of its population identifying as liberal and the lowest percentage identifying as conservative, at 35% and 21% respectively. [19]
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 ...
According to the National Association of Unclaimed Property Administrators (NAUPA), one in seven Americans has unclaimed property. ... Massachusetts state treasurer and receiver general ...
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 ...
In 1922, the Massachusetts General Court passed legislation creating the department of administration and finance. The department replaced the office of supervisor of administration and assumed many of the duties of the superintendent of buildings, Secretary of the Commonwealth, state treasurer, and state auditor. [2]