Last Checked State Banking Department Memo Office of State Treasurer: Unclaimed Property Division 10/31 31-Aug No Alabama Govern

Total Page:16

File Type:pdf, Size:1020Kb

Last Checked State Banking Department Memo Office of State Treasurer: Unclaimed Property Division 10/31 31-Aug No Alabama Govern Unclaimed Property Last Date to Mail Due Notarization State/City State Financial Regulator Annual Report Filing Deadline Shutdowns / Postponements/ Filing Extensions Governor's Office Updates/Orders Miscellaneous Administrator Diligence Requirements/Changes Last Checked SPRING AND SUMMER STATES Alabama Governor Kay Ivey has issued a state of emergency in response to the pandemic influenza outbreak of the Coronavirus (COVID-19). As a result, the Treasurer's Office will be operating with very limited staff until April 6, 2020. Until that time, the Unclaimed State Banking Department Office of State Treasurer: Alabama 3/28/2020 10/31 31-Aug No Property Division will be unavailable for walk in Alabama COVID-19 News and Resources Memo Unclaimed Property Division customers. It is expected that claims processing and payment of claims will be delayed until after May 1, 2020. Please visit the Treasury website at www.treasury.alabama.gov for additional information and updates. Alaska 3/28/2020 Alaska Unclaimed Property 10/31 31-Aug No No closures announced. Alaska Governor COVID-19 Health Mandates Arizona Department of 10/31 Arizona 3/28/2020 30-Jun No No closures announced. Arizona Governor Executive Orders Revenue: Unclaimed Property 4/30 LIFE INSURANCE 10/31 Treasurer, Auditor Announce Plan for Continuity of Office Arkansas 3/28/2020 Arkansas State Auditor 2-Aug No Arkansas Governor COVID-19 Update 4/30 LIFE INSURANCE Functions California State Controller's 10/31 No, but original signature State Controller’s Office continues to be fully operational California 3/28/2020 30-Apr California Governor's Newsroom Office: Unclaimed Property 4/30 LIFE INSURANCE required at this time URGENT- We will not be accepting calls due to the coronavirus (COVID-19). We will be responding to all inquiries via email. For individual claimants, please email us at: [email protected] Colorado Office of the State For Holders (companies reporting Unclaimed Property 10/31 (11/1 per website) Colorado 3/28/2020 Treasurer: Unclaimed 31-Aug No funds), please email us at: [email protected] Colorado Governor's Newsroom 4/30 LIFE INSURANCE Property Website In addition, no appointments/visitors are being accepted. We appreciate your patience in this matter. (If you do not have access to email, please leave a message at 303-866-6070. Please understand that all callbacks will be delayed.) Information current as of April 1, 2020 Unclaimed Property Last Date to Mail Due Notarization State/City State Financial Regulator Annual Report Filing Deadline Shutdowns / Postponements/ Filing Extensions Governor's Office Updates/Orders Miscellaneous Administrator Diligence Requirements/Changes Last Checked Extensions can be submitted until March 29 by email. Connecticut Office of the Department of Banking Yes; Notary requirements Accepting payments via ACH or direct wire. (according to Connecticut 3/29/2020 Treasurer: Unclaimed 3/30 received not postmarked 31-Dec Connecticut Governor's COVID-19 Page Memo waived for all holders (Keane) Keane Consulting) Office of the Treasurer has Property implemented a Social Distancing Temporary Work Plan The Delaware Office of Unclaimed Property (OUP) remains open. Effective Tuesday, March 24, 2020 at 3/1 8:00am, OUP is no longer taking claimant walk-in 11/10 BANKING appointments or accepting public drop-off of claimant 12/20 ALL INSURANCE Postmark 9/10 (Banking) documentation. Claimant assistance is available by calling Delaware Office of Unclaimed Delaware 3/28/2020 Delaware State Treasurer accepted. If the reporting 10/21 (Life Insurance) No (855) 505-7520, by email at Delaware Governor's Covid-19 Page Property deadline falls on a weekend or 12/31 all others [email protected], or here on our holiday, the report is due no later website. For existing claims, supporting documents than the following business day. should be submitted via the website at https://unclaimedproperty.delaware.gov/app/claim-doc- upload or mailed to: Office of Financial Regulation Proclamation March 19: Department of Financial Services is operating Florida 3/29/2020 Florida Unclaimed Property 4/30 28-Feb No Florida Governor COVID-19 Resources Letter to Financial Institution Executives remotely Due to concerns regarding COVID-19, the Department of Revenue is temporarily suspending in-person services effective Monday, March 23, 2020. Taxpayers can Georgia Department of 10/31 (11/1 per handbook) Georgia Department of conduct all business with the Department via online Gov. Kemp requests $100 million for COVID-19 Georgia 3/29/2020 Revenue: Unclaimed Property 4/30 (5/1 per handbook)- ALL 31-Aug No Georgia Governor's Newsroom Revenue services, telephone, or designated secure lockbox outbreak Program INSURANCE locations. Please visit the links below for specific information for those online services and other important information: Hawaii Department of Budget GOV. IGE DESIGNATES LT. GOV. GREEN AS Hawaii Department of Budget UNTIL FURTHER NOTICE: Unclaimed Property Office is Hawaii 3/29/2020 and Finance: Unclaimed 10/31 (11/1 per website) 31-Aug Yes Hawaii Government COVID-19 ADMINISTRATION’S COVID-19 HEALTHCARE and Finance Closed to the Public Property Program LIAISON Department of Finances Idaho State Treasurer's Office: 11/1 (Website states postmarked Governor Little and Idaho Legislature advance $2 Idaho 3/29/2020 31-Aug No No closures announced. Idaho Official Resources for Novel Coronavirus COVID-19 resources Unclaimed Property before 11/1) million in state funds for coronavirus response Information current as of April 1, 2020 Unclaimed Property Last Date to Mail Due Notarization State/City State Financial Regulator Annual Report Filing Deadline Shutdowns / Postponements/ Filing Extensions Governor's Office Updates/Orders Miscellaneous Administrator Diligence Requirements/Changes Last Checked The Illinois State Treasurer’s Office, Unclaimed Property Division understands that businesses are likely to be impacted by COVID-19 and subsequent business interruptions. A 30-day extension will be automatically 10/31 GOVERNMENT, NON-LIFE granted to all annual reports due by April 30, 2020 for Department of Finance and BANKS (Website states 11/1) requests submitted via email to Gov. J.B. Pritzker on Sunday ordered all bars and Temporary Guidance Illinois State Treasurer: Illinois 3/29/2020 4/30 ALL OTHERS (Website states 31-Aug No [email protected]. Administrative rules Illinois COVID-19 Response restaurants in his state to be closed from Monday Unclaimed Property 5/1) require extension requests be received at least 15 evening through March 30. Postmark NOT Accepted business days before the due date. Thus, requests should be sent before the close of business on April 9, 2020. Additionally, interest and late-filing penalties will be waived for up to 60 days after the end of the emergency declaration in Illinois. 10/31 (Website states 11/1) Indiana Department of Indiana Office of the Attorney Indiana 3/29/2020 4/30 (Website states 5/1) LIFE 31-Aug No No closures announced. Indiana Governor's News Releases Financial Institutions General: Unclaimed Property INSURANCE 10/31 (Website states 11/1) Iowa 3/29/2020 State Treasurer of Iowa Iowa Treasure Hunt 31-Aug No No closures announced. Iowa Governor's Newsroom Postmark Accepted 10/31 The Kansas State Treasurer’s Office understands there will 4/30 LIFE INSURANCE be interruptions to businesses due to the impact of Website says 11/1 and 5/1. If the COVID-19. Holders requesting an extension for the May Kansas State Treasurer - reporting due date falls on a 1st deadline should fill out the extension request form Kansas 3/29/2020 Kansas State Treasurer Unclaimed Property Holder 31-Aug No Kansas Government COVID-19 Updates weekend the following Monday and may email to [email protected] or fax to Site will serve as the due date. All 785-291-3172. All extension requests will be approved, items should be postmarked by however the STO signed copy of your request will not be the date due. sent for at least two weeks. We appreciate your patience. Kentucky State Treasurer: 11/1 Governor requests cancellation of non-essential Kentucky 3/29/2020 31-Aug No No closures announced. Kentucky Governor's Response to COVID-19 Unclaimed Property 5/1 INSURANCE surgeries Louisiana State Treasurer: Louisiana 3/30/2020 10/31 (Website states 11/1) 31-Aug No Closure announced apparently for physical offices only. Louisiana Governor's Office Covid-19 Information FFIEC Statement on Pandemic Planning Department of Health BusinessUnclaimed Guidance Property 10/31(Website states 11/1) Due to the recent concerns with COVID-19 and the Maine State Treasurer: 4/30 (Website states 5/1) LIFE guidance from the Governor, the Treasurer's Office will Governor Mills: Preparing for the Coronavirus in Maine 3/30/2020 31-Aug No Maine Governor's COVID-19 Response Unclaimed Property Program INSURANCE and GIFT CARDS be suspending any 'in-person' meetings regarding claim Maine (Radio Address 3/6/20) processing. 10/31 4/30 - ALL INSURANCE (THE DEADLINE FOR INSURANCE THE DEADLINE FOR INSURANCE COMPANIES TO REPORT Maryland Comptroller: Maryland 3/30/2020 COMPANIES TO REPORT AND 1-Oct No AND REMIT UNCLAIMED PROPERTY FOR 2019 HAS BEEN Maryland Governor's COVID-19 Response Maryland Comptroller: Press Releases Unclaimed Property REMIT UNCLAIMED PROPERTY EXTENDED TO JULY 31, 2020 FOR 2019 HAS BEEN EXTENDED TO JULY 31, 2020) Information current as of April 1, 2020 Unclaimed Property Last Date to Mail Due Notarization State/City State Financial Regulator Annual Report Filing Deadline Shutdowns / Postponements/ Filing Extensions Governor's Office Updates/Orders Miscellaneous Administrator Diligence Requirements/Changes Last Checked "In order to respond to the impact of the ongoing coronavirus (COVID-19) pandemic and to ensure the safety and well-being of our staff and the public, the Unclaimed Property Division will be modifying its available onsite workforce and requiring staff to work remotely. Effective Tuesday, March 17, 2020, the 11/1 division’s call center is closed until further notice and the 5/1 LIFE INSURANCE "We are office will not be open for in-person assistance.
Recommended publications
  • Contact Information Concerning Unclaimed Property Escheated to States
    Contact information concerning unclaimed property escheated to states ALABAMA Unclaimed Property Division PO Box 327580 Montgomery, AL 36132-7580 334-242-9614 ALASKA Unclaimed Property Division PO Box 110420 Income & Excise Audit Div. Juneau, AK 99811-0420 907-465-4653 ARIZONA Department of Revenue 1600 W. Monroe Unclaimed Property Unit Phoenix, AZ 85007-2650 602-542-4643 ARKANSAS Auditor of State 103 W. Capitol - Suite 805 Unclaimed Property Division Little Rock, AR 72201 501-682-9174 800-252-4648 CALIFORNIA Unclaimed Property Division PO Box 942850 State Controllers Office Sacramento, CA 94250-5873 916-323-2827 COLORADO Treasury Department 1560 Broadway – Suite 630 Unclaimed Property Division Denver, CO 80202 303-894-2443 CONNECTICUT Unclaimed Property Division 55 Elm Street Office of State Treasurer Hartford, CT 06106 860-702-3050 DELAWARE Unclaimed Property Division PO Box 8931 Wilmington, DE 19899-8931 302-577-3349 DISTRICT OF Office of the Comptroller 415-12th Street NW, Room 408 COLUMBIA Unclaimed Property Unit Washington, DC 20004 202-442-8181 FLORIDA State of Florida Capital – Plaza Level – Room 9 Office of the Comptroller Tallahassee, FL 32399-0350 Unclaimed Property 850-922-1403 888-258-2253 GEORGIA Georgia Dept. of Revenue 405 Trinity – Washington Bldg. Property Tax Division Atlanta, GA 30334 Unclaimed Property Section 404-656-4244 HAWAII Dept. of Budget & Finance PO Box 150 Unclaimed Property Branch Honolulu, HI 96810-0150 808-586-1590 IDAHO Idaho State Tax Commission PO Box 36 Unclaimed Property Section Boise, ID 83722-2240 208-334-7627 ILLINOIS State of Illinois PO Box 19495 Dept. of Financial Institutions Springfield, IL 62794-9495 Unclaimed Property 217-557-3405 INDIANA Office of the Attorney General 402 W.
    [Show full text]
  • A Practical Toolkit for Investors
    Managing the Risks and Opportunities of Climate Change: A Practical Toolkit for Investors Investor Network on Climate Risk Ceres, Inc. April 2008 99 Chauncy Street Boston, MA 02111 (617) 247-0700 ext. 15 www.ceres.org and www.incr.com A Publication of Ceres and the Investor Network on Climate Risk About INCR Th e Investor Network on Climate Risk (INCR) is a network of institutional investors and fi nancial institutions that promotes better understanding of the risks and opportunities posed by climate change. INCR is comprised of over 60 institutional investors and represents more than $5 trillion in assets. INCR is a project of Ceres. For more information, visit www.incr.com or contact: Investor Network on Climate Risk Ceres, Inc. 99 Chauncy St., Boston, MA 02111 (617) 247-0700 ext.15 About Ceres Ceres is a coalition of investment funds, environmental organizations, and public interest groups. Ceres’ mission is to move businesses, capital, and markets to advance lasting prosperity by valuing the health of the planet and its people. Investor members include state treasurers, state and city comptrollers, public pension funds, investment fi rms, religious groups, labor unions, and foundations. Ceres directs the Investor Network on Climate Risk (INCR). For more information, visit www.ceres.org or contact: Ceres, Inc. 99 Chauncy St., Boston, MA 02111 (617) 247-0700 ext.15 About the Authors Th is report was authored by David Gardiner and Dave Grossman of David Gardiner & Associates. Th e mission of David Gardiner & Associates (DGA) is to help organizations and decision-makers solve energy and climate challenges.
    [Show full text]
  • January 19, 2021 Board Meeting
    January 19, 2021 Board Meeting Agenda 1 Minutes December 15, 2020 Meeting 2 Asset Management 5 Communications and Planning 6 Development 12 Energy and Housing Services 14 Finance Monthly Report 17 Financial & Budget Report 19 Finance Delinquency Report & Charts 29 Homeless Initiatives 41 Homeownership 44 Housing Choice Voucher 48 Human Resources and Facilities 52 Information Technology 54 Report of the Audit Committee 55 2021 Calendar 57 Board of Commissioners Meeting – January 19, 2021 9:00 A.M. – 12:00 P.M. MEMBERS OF THE BOARD: Lincoln Merrill, Jr. (Chair), Donna Talarico (Secretary), Thomas Davis, Daniel Brennan, Laurence Gross, Henry Beck, Bonita Usher (Vice Chair), AGENDAKevin P. Joseph, Laura Buxbaum _____________________________________________________________________________________________ 9:00 Adopt Agenda (VOTE) Lincoln Merrill Approve minutes of December 15, 2020 meeting (VOTE) All Communications and Conflicts All Chair of the Board Updates Lincoln Merrill Director Updates Dan Brennan 9:30 Adopt 2021 DOE Weatherization State Plan (VOTE) Kim Ferenc 9:45 Legislative Review Peter Merrill 10:15 Resource Allocation Report Dan Brennan 10:35 Emergency Rental Assistance Dan Brennan 10:50 9% and 4% Deals Mark Wiesendanger 11:05 Youth Demonstration Program Lauren Bustard Department Reports: All Asset Management Communications and Planning Development Energy and Housing Services Finance Monthly Report Financial & Budget Report Finance Delinquency Report & Charts Homeless Initiatives Homeownership Housing Choice Voucher Human Resources and Facilities Information Technology Report of the Audit Committee 2021 Board Calendar Adjourn (VOTE) All The next meeting of the Board is scheduled February 16, 2021 via teleconference 1 Minutes of the Board of Commissioners Meeting December 15, 2020 MEETING CONVENED A regular meeting of the Board of Commissioners for MaineHousing convened on December 15, 2020 virtually.
    [Show full text]
  • Property Tax: a Primer and a Modest Proposal for Maine
    Maine Law Review Volume 57 Number 2 Symposium: Reflections from the Article 12 Bench June 2005 Property Tax: A Primer and a Modest Proposal for Maine Clifford H. Goodall University of Maine School of Law Seth A. Goodall University of Maine School of Law Follow this and additional works at: https://digitalcommons.mainelaw.maine.edu/mlr Part of the Property Law and Real Estate Commons, and the Taxation-State and Local Commons Recommended Citation Clifford H. Goodall & Seth A. Goodall, Property Tax: A Primer and a Modest Proposal for Maine, 57 Me. L. Rev. 585 (2005). Available at: https://digitalcommons.mainelaw.maine.edu/mlr/vol57/iss2/12 This Article is brought to you for free and open access by the Journals at University of Maine School of Law Digital Commons. It has been accepted for inclusion in Maine Law Review by an authorized editor of University of Maine School of Law Digital Commons. For more information, please contact [email protected]. PROPERTY TAX: A PRIMER AND A MODEST PROPOSAL FOR MAINE Clifford H. Goodall and Seth A. Goodall I. INTRODUCTION II. A SHORT HISTORY OF A VERY OLD TAX III. THE GOOD AND BAD OF PROPERTY TAXATION IV. LEGAL REQUIREMENTS OF PROPERTY TAx REFORM IN MAINE A. Property Taxation ifaws of Maine: Equality and Uniformity B. Balkanized Equality and Uniformity C. Municipal Taxation and Revenue Generation V. PROPERTY TAX LIMITS VI. RESULTING IMPACTS OF PROPERTY TAX LIMITATIONS A. Revenue Impacts B. Service Impacts C. Local Control D. Impacts of Statutory and ConstitutionalFunding Mandates on Educa- tion and County Government VII.
    [Show full text]
  • State Treasurers Urge More Drug Companies to Help Fight Opioid Epidemic
    FOR IMMEDIATE RELEASE CONTACT: September 5, 2017 Paris Ervin 217.524.5749 Greg Rivara 312.814.1901 State Treasurers Urge More Drug Companies to Help Fight Opioid Epidemic Accountability Sought at Cardinal Health and AmerisourceBergen September 5, 2017 – Drug companies Cardinal Health and AmerisourceBergen must act to address the heroin and opioid epidemic or face potential financial consequences in their stock prices, state treasurers from Illinois, Pennsylvania, West Virginia and California said today. In letters sent to both companies, the coalition of state treasurers urged the nation’s second and third largest drug distributors to take concrete steps to alleviate the heroin and opioid epidemic. Should no action be taken, each treasurer’s office would re-evaluate its financial position in the companies and strongly encourage other institutional investors to do the same. This is the second wave of actions taken by treasurers seeking greater accountability at pharmaceutical companies in the wake of the nation’s spiraling opioid crisis. In July, treasurers from West Virginia, Pennsylvania and Illinois penned a letter to drug distributor McKesson Corp. asking the company to take specific steps to address the epidemic and protect shareholder value. Days later, McKesson announced it would split the roles of Board Chair and CEO, a move applauded by the treasurers and other investors seeking more oversight and accountability at the company. “Heroin addiction is tied directly to the overuse of opioid painkillers, and the overuse of opioid painkillers is tied directly to Big Pharma,” Illinois State Treasurer Michael Frerichs said. “The industry needs to acknowledge its role in this crisis and take immediate action if we have any hope to save lives and stop this national crisis.” “The opioid epidemic has affected every community across Pennsylvania in some way, forever changing the landscape and the lives of our families, friends and neighbors,” Pennsylvania State Treasurer Joe Torsella said.
    [Show full text]
  • NAST Letter to the Congressional Military Family Caucus 7.21.20
    July 21, 2020 Congressional Military Family Caucus Representative Sanford Bishop Representative Cathy McMorris Rodgers 2407 Rayburn HOB 1035 Longworth HOB Washington, D.C. 20515 Washington, D.C. 20515 President Deborah Goldberg, MA Dear Rep. Bishop and Rep. McMorris Rodgers: Executive Committee Henry Beck, ME As we celebrate the 30th Anniversary of the passage of the Americans with Disabilities Act David Damschen, UT Tim Eichenberg, NM (ADA), we can be proud of its positive impact on veterans with disabilities, while acknowledging Michael Frerichs, IL that there is much left to do. Dennis Milligan, AR Kelly Mitchell, IN The main purpose of the ADA is to provide people with disabilities equality of opportunity, full Shawn Wooden, CT participation in society, independent living, and economic self-sufficiency. But for more than two Executive Director decades after its passage, economic self-sufficiency was impossible for some. People with Shaun Snyder disabilities who need government benefits in order to live independently were blocked from saving 1201 Pennsylvania Ave, NW money. Without savings, economic self-sufficiency is unattainable. And without being able to Suite 800 fully participate in the economy, the other goals will not be fully realized. Washington, DC 20004 When the Achieving a Better Life Experience (ABLE) Act was passed into law in 2014, many www.NAST.org Americans with disabilities were empowered to save their own money to help pay for their disability expenses without fear of losing federal and state benefits. The Act was a meaningful step forward for people with disabilities. However, it came up short. After more than five years, and on the 30th birthday of the ADA, millions of Americans with disabilities, including veterans, still remain ineligible to open an ABLE account simply because they acquired their disability after they turned 26 years old.
    [Show full text]
  • Facimile Cover Sheet
    VERMONT PENSION INVESTMENT COMMITTEE OCTOBER 23, 2018 DRAFT; NOT YET APPROVED BY COMMITTEE VPIC Members Present: TOM GOLONKA, CHAIR BETH PEARCE, VICE-CHAIR, Vermont State Treasurer VAUGHN ALTEMUS, Governor’s Delegate, term expiring June 30, 2018 KAREN PAUL, Governor’s Delegate, term expiring June 30, 2018 PETER AMONS, VMERS Representative, term expiring June 30, 2022 JOSEPH MACKEY, (phone) VSTRS Representative, term expiring June 30, 2019 ROBERT HOOPER, VSERS, term expiring June 30, 2020 VPIC Members Absent: VPIC Alternate Members Present: LINDA DELIDUKA, VSTRS Alternate, term expiring June 30, 2019 KIMBERLY GLEASON, VMERS Alternate, term expiring June 30, 2022 JEFF BRIGGS, VSERS Alternate, term expiring June 30, 2020 VPIC Alternate Members Absent: DAVID STARR, Governor’s Delegate Alternate, term expiring June 30, 2020 Also attending: Eric Henry, Chief Investment Officer Katie Green, Investments Manager Andy Cook, Investments Analyst Margaret Belmondo, Will Forde, Tim Bruce & Michael Manning (phone), NEPC, LLC David Borsykowsky & Jesse Moorman, Vermont Attorney General’s Office Prof. Fritz Burkhardt, Zachery Burnham, David Dalton, Victor DeBouter, Jon-Patrick Fitch, Marguerite Frizzell, Amber Ghera, Erin Landry, Trent Loehle, Hari Luitel, Evan Phippen, Jessica Priesing, Elijah Rubin, Champlain College CALL TO ORDER: The Chair called the Tuesday, October 23rd meeting to order at 8:30 am, which was held in the 4th Floor Governor’s Conference Room, 109 State Street, Montpelier, VT. ITEM 1: Agenda Approval and Announcements 1 Page 2 of 5 VPIC Regular Meeting October 23, 2018 The Chair reviewed the agenda with the Committee and asked if any members of the Committee would like to add or amend any agenda items.
    [Show full text]
  • Annual Report Fiscal Year 2012
    Annual Report Fiscal Year 2012 July 1, 2011 to June 30, 2012 State of Nevada Office of State Treasurer Kate Marshall OFFICE OF THE STATE TREASURER October 1, 2012 Dear Gov. Sandoval and Members of the Legislature: As required by NRS 226.120, it is my pleasure to present you with the State Treasurer’s Office Annual Report for Fiscal Year 2012 (FY12), an account of the operations of the Treasurer’s Office over the past fiscal year. For FY12, investment interest earnings on the state’s General Portfolio came in at $2.4 million. As of June 30, 2012, total assets under management carried a fair market value of $2.7 billion. Our debt service payment reserves are at 11 months, well above the standard “best practice” of six months of reserve. For FY12, the State Treasurer’s Office had an approved budget over all functional areas of $7,650,360; however, only $6,518,118 was expended, saving more than $1.132 million in taxpayer dollars. Further, only 10% of the total expenditures were paid for with General Fund appropriation, with the balance being funded by assessments and trust fund transfers, a further savings of taxpayer money. The Unclaimed Property Division had another banner year in FY12, with nearly $33 million returned to owners and about $140 million in collections. Operation Claim It and other expanded outreach efforts initiated by my office continue to escalate the amount and percentage of unclaimed property being returned to its rightful Nevada owners. At the same time, the State Treasurer’s Office was able to transfer nearly $97.3 million to the state General Fund in FY12, the highest amount in the state’s history, shattering last year’s record total of $83.7 million.
    [Show full text]
  • Role of State Treasurers Expanded During the Great Recession by Lisa S
    TREASURERS Role of State Treasurers Expanded During the Great Recession By Lisa S. Cleveland The nation’s state treasurers provide a wide range of financial management services to their constituents. They work to safeguard the financial interests of citizens through the professional management of college savings plans, unclaimed property programs and professional debt management efforts. Many are also actively involved in financial literacy efforts and they regularly offer their input and expertise on financial efforts at the federal level that have the potential to impact state treasuries. Public finance officials “are accustomed to the nonprofit, nonpartisan National Association of working in the trenches,” said Utah State Treasurer State Treasurers, also known as NAST. Richard Ellis, 2014 president of the National Asso - Ellis has said one of his goals for 2014 is to con - ciation of State Treasurers. tinue to raise the profile of NAST and the concerns What he means is that state treasurers are often of state treasurers in Washington, D.C. Treasurers intimately involved in the day-to-day development are actively involved in a myriad of issues at the of their state’s public finance decisions. They handle federal level, including: a wide variety of issues, dealing with everything from pension plans and debt management to the Tax Reform and Its Effect on States investment of public funds and the administration For the past 18 months, the nation’s treasurers have of college savings plans. In many states, treasurers been monitoring congressional discussions about also provide an important consumer protection tax reform and have expressed their concerns function through the administration of unclaimed about proposed federal legislation that would property programs.
    [Show full text]
  • Missouri State Treasurer Unclaimed Property Division
    Missouri State Treasurer Unclaimed Property Division Allyn unlearns her stabilities trustworthily, self-revealing and riming. Credal and invariable Tyrone girding well-timed and bay his mimeographs slanderously and early. Infertile Halvard overhaul some ablators after dejected Sayres windlass pulingly. The pursue claim that state division of employment security and social media, you searched through state treasurer shall determine if you can be made payable to snare a limit under Unclaimed by missouri treasurer may be added. All agree have to aircraft is garbage a fee upfront or writing your personal information and butter money is yours. Louis Circuit Judge John Calhoun to Judges Thomas Grady, diamond rings, or if the Holder is a successor to other entities who previously held the property for the owner. There free legal consumer advocates say this coming monday night in unclaimed property division does not have money in unclaimed money in an unknown or business practice. State Fair outreach and education through such events as the Colorado State Fair Searching Online typically. Those individuals who file a bold claim or request more information about donating their Unclaimed Property so they return any initial claim documents. Million in other unclaimed property this year. The purpose of unclaimed property laws is to ensure the protection of abandoned property until the rightful owner is located. Unclaimed funds listed next to continue searching online database via email claims process for example, including policy proceeds from our investigative unit alfred e smith emailed potential victims to. Missouri Missouri State Treasurer Unclaimed Property. Asset owed to an individual or business best in the form of uncashed checks, seal it and mail it.
    [Show full text]
  • Unclaimed Property Compliance What You Need to Know
    UNCLAIMED PROPERTY COMPLIANCE WHAT YOU NEED TO KNOW July 20, 2021 BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. With You Today ANGIE GEBERT KHRYSTYNA BURKUN JAMES MANN ANDRES MACELLARO National Unclaimed Property Unclaimed Property State & Local Tax Services, Unclaimed Property Compliance Leader & State & Local Tax Services Unclaimed Property State & Local Tax Services Managing Director Experienced Associate Manager Escheat Manager 312-233-1848 312-233-1817 312-730-1274 212-885-8000 [email protected] [email protected] [email protected] [email protected] 2 UNCLAIMED PROPERTY COMPLIANCE WEBINAR Compliance Essentials Compliance Best Practices Unclaimed Property Trends State Outreach Agenda State Compliance Updates New Delaware Senate Bill Litigation Update Conclusion/Q&A 3 UNCLAIMED PROPERTY COMPLIANCE WEBINAR COMPLIANCE ESSENTIALS 4 UNCLAIMED PROPERTY COMPLIANCE WEBINAR Unclaimed Property Essentials COMMON TYPES OF UNCLAIMED PROPERTY: Uncashed payroll or commission checks Uncashed payable / vendor checks Gift certificates / gift cards Customer merchandise credits, layaways, deposits, refunds or SOURCING RULES: rebates First, to the state of the Overpayments / unidentified remittances rightful owner’s last known Suspense accounts address, if known, or Unused/outstanding benefits (non-ERISA) Second, to the state of the Miscellaneous income/bad debt expense accounts holder’s incorporation (commercial domicile for unincorporated entities). 5 UNCLAIMED PROPERTY COMPLIANCE WEBINAR Unclaimed Property Essentials REPORTING DEADLINE Varies by Industry Most fall into two filing seasons – Spring/Summer and Fall DORMANCY PERIOD Varies by property type and state Need to understand when the dormancy period starts (i.e.
    [Show full text]
  • 1 Gurbir S. Grewal Attorney General of New
    GURBIR S. GREWAL ATTORNEY GENERAL OF NEW JERSEY Division of Law 124 Halsey Street - 5th Floor P.O. Box 45029 Newark, New Jersey 07101 Attorney for Plaintiffs By: Cathleen O’Donnell Deputy Attorney General (973) 648-4802 STATE OF NEW JERSEY DEPARTMENT OF LAW AND PUBLIC SAFETY DIVISION OF CONSUMER AFFAIRS IN THE MATTER OF: Administrative Action PEAKS Trust 2009-1, et al. ASSURANCE OF VOLUNTARY COMPLIANCE This Assurance of Voluntary Compliance/Assurance of Voluntary Discontinuance (“Settlement” or “Assurance”) is entered into between the States of Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, and the District of Columbia (the “States” or individually, a “State”), acting through their respective Attorneys General, Departments of Justice, or Offices of Consumer Protection, on the one hand, and PEAKS Trust 2009-1 (“PEAKS”), a Delaware statutory trust, 1 Deutsche Bank National Trust Company (“DBNTC”), solely in its capacity as lender trustee of PEAKS, Deutsche Bank Trust Company Delaware (“DBTCD”), solely in its capacity as owner trustee of PEAKS, and Deutsche Bank Trust Company Americas (“DBTCA”) solely in its capacity as indenture trustee and collateral agent of PEAKS (collectively “Defendants,” as defined below), on the other hand (the States and Defendants are, together, the “Parties”). The Parties hereby agree to this Settlement pursuant to the States’ respective laws to settle the States’ concerns that the conduct of PEAKS may have violated the States’ consumer protection laws relating to unfair and deceptive business acts and practices.1 The Parties have agreed to execute this Assurance for the purposes of settlement only.
    [Show full text]