Texas Unclaimed Property Hits One Billion Dollars - KCBD NewsChannel 11 Lubbock

get more>> Web Enhanced 10/21/03

Texas Unclaimed Property Hits One Billion Dollars

More than 142,000 unclaimed property owners who have lost track of $71 million in cash and other valuable assets could find their names in Texas newspapers on Sunday, October 19th, when Texas Comptroller Carole Keeton Strayhorn publishes the annual Unclaimed Property List.

Click here to go to the site to see if you are on the list.

"This is unclaimed property owned by Texans that has been reported to the state within the last year alone," Strayhorn said. "When you add up the money that remains unclaimed from previous years, the unclaimed property fund has now reached an incredible $1 billion. That's money that rightfully belongs to hardworking Texans. "With so much money waiting to be claimed, it is important to take a few minutes to check the Unclaimed Property List every year," Strayhorn said. "As one tough grandma, I know that no Texan can afford to walk away from their hard earned dollars. "While the state is holding this money, it is put to good use to educate our children and provide other essential state services, but I would much rather give it back to its rightful owners, especially in these tough economic times."

In addition to checking the Unclaimed Property List in the newspaper, Strayhorn urges Texans to visit her Unclaimed Property Web site . The site contains the names of unclaimed property owners on this year's list and from previous years. The online database also includes unclaimed property owners who have less than $100 in unclaimed property, whose names are not published on the newspaper list.

Unclaimed property can be anything from a forgotten rent or utility deposit, to an un-cashed check, a dormant bank account or an abandoned safe deposit box. Banks and businesses turn these assets over to the state after three to five years if the owners cannot be found, but unclaimed property continues to belong to its rightful owners. There is no time limit to claim the money.

Since Strayhorn took office, she has returned more than $300 million in unclaimed property to its owners.

  • Local News on KCBD.comNewsMore>>

  • California university won't punish professor who jeered Bush

    California university won't punish professor who jeered Bush

    Tuesday, April 24 2018 10:27 PM EDT2018-04-25 02:27:20 GMT
    Wednesday, April 25 2018 1:02 AM EDT2018-04-25 05:02:22 GMT
    Jarrar doubled down on her position in later tweets and even boasted "I will never be fired." (Source: @RandaJarrar/Twitter) Jarrar doubled down on her position in later tweets and even boasted "I will never be fired." (Source: @RandaJarrar/Twitter)Jarrar doubled down on her position in later tweets and even boasted "I will never be fired." (Source: @RandaJarrar/Twitter) Jarrar doubled down on her position in later tweets and even boasted "I will never be fired." (Source: @RandaJarrar/Twitter)

    A California State University, Fresno professor who called Barbara Bush "an amazing racist" and cheered her death won't be punished.

    A California State University, Fresno professor who called Barbara Bush "an amazing racist" and cheered her death won't be punished.

  • For the first time, Facebook spells out what it forbids

    For the first time, Facebook spells out what it forbids

    Tuesday, April 24 2018 5:46 AM EDT2018-04-24 09:46:09 GMT
    Wednesday, April 25 2018 12:54 AM EDT2018-04-25 04:54:02 GMT
    (AP Photo/Richard Drew, File). FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square. For the first time, Facebook is making public, on Tuesday, April 24, its detailed gu...(AP Photo/Richard Drew, File). FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square. For the first time, Facebook is making public, on Tuesday, April 24, its detailed gu...

    For the first time, Facebook spells out how it decides whether to delete your posts.

    For the first time, Facebook spells out how it decides whether to delete your posts.

  • Texas man sentenced to 50 years for $1.2M theft of fajitas

    Texas man sentenced to 50 years for $1.2M theft of fajitas

    Monday, April 23 2018 2:18 PM EDT2018-04-23 18:18:31 GMT
    Wednesday, April 25 2018 12:41 AM EDT2018-04-25 04:41:38 GMT
    The Brownsville Herald reports Gilberto Escamilla told the court the fajita scheme spun out of control. (Source: gaudiikari/Wikicommons)The Brownsville Herald reports Gilberto Escamilla told the court the fajita scheme spun out of control. (Source: gaudiikari/Wikicommons)

    A Texas man has been sentenced to 50 years in prison for stealing $1.2 million worth of fajitas over nine years.

    A Texas man has been sentenced to 50 years in prison for stealing $1.2 million worth of fajitas over nine years.

Powered by Frankly