SAN ANTONIO – Texans who have unclaimed money could get checks in the mail without having to file a claim.
The Texas Comptroller’s office made the announcement Monday. The record in unclaimed property returns tops the $344 million returned to rightful property owners in Fiscal Year 2023.
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Checks for unclaimed cash will be limited to unclaimed properties under $5,000 that the agency reasonably believes it can link to the correct owner.
The $422.4 million in unclaimed property returned in Fiscal Year 2024 includes forgotten utility deposits or other refunds, insurance proceeds, payroll checks, cashier’s checks, dividends, mineral royalties, dormant bank accounts and abandoned safe-deposit box contents.
It’s the fifth time in the last six fiscal years the Texas Comptroller’s Office has returned $300 million or more in unclaimed property in a fiscal year, a press release from the office said.
The Comptroller’s Office has returned more than $4 billion in unclaimed property to its rightful owners since Texas’ unclaimed property program began in 1962.
“The $422.4 million represents nearly 250,000 claims paid to their rightful owners, and the fact that my office has returned nearly $3 billion to Texans since I became Comptroller is a testament to the hardworking folks in our Unclaimed Property Division,” Hegar said.
If you think you might have unclaimed property you can still search on ClaimItTexas.org or call 800-321-2274 (CASH).
There is no statute of limitations for unclaimed property the state holds, which means there’s no time limit for owners to file a claim.