|By State Rep. Tarah Toohil (R-Luzerne)
The Pennsylvania Treasury’s unclaimed property website is improved after some major system upgrades. The updated website features new tools to make it easier for state residents to claim their unclaimed property.
The first upgrade in more than 15 years improves efficiency for people trying to find their unclaimed property and for the holders, including banks and other businesses, which must report unclaimed property to Treasury.
Treasury currently holds nearly $4 billion in unclaimed property. One in ten Pennsylvanians is owed unclaimed property, and the average claim is worth $2,000.
To check if you have property with Treasury that is waiting to be claimed, and to start the claims process, visit www.patreasury.gov/unclaimed-property
. If you do not have access to a computer, please contact my district office in Hazleton for assistance at 570-453-1344.
Unclaimed property includes things such as uncashed checks, forgotten bank accounts, stocks and bonds, and contents of safe deposit boxes. State law requires properties be turned over to Treasury after three years of dormancy, or two years for payroll checks.
Anyone can search Treasury’s online database any time to see if they or friends and family have property waiting to be claimed. Remember, you need not pay anyone a fee to search for or claim property from the state.
Representative Tarah Toohil
116th Legislative District
Pennsylvania House of Representatives
Contact: Rep. Toohil’s Office