Texans will receive money for unclaimed property without filing claims

T. Ware

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You may receive money without ever filing a claim for it -John Guccione/Pexeks

Is it possible you forgot about some money that belongs to you? Maybe a business owes you a refund. Perhaps you forgot about a utility deposit or a bank account, or maybe mineral royalties you should’ve received. If you have unclaimed money in Texas, you might get it without filing a claim.

In a recent press release, the Texas Comptroller of Public Accounts announced a new way of returning unclaimed property to the owners.

The office will send a check to the owner. It requires no filing.

The program is “limited to unclaimed properties under $5000.” Also, the agency must “reasonably believe it can link to the correct owner,” per the press release.

In the fiscal year 2022, the Comptroller’s office returned $309 million in unclaimed property.

The money was from, “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.”

More than $7 billion in cash and valuables are currently available through this program.

Does Texas have any unclaimed property that belongs to you?

Money for unclaimed property is coming to mailboxes across Texas. You don’t have to wait for the state to find you, though. You can search the database. If you find money that belongs to you, file a claim.

Even if you don’t think this could apply to you, it’s worth searching to find out for sure. I searched the database and discovered $1300 owed to my family members. It will shock them to find out they’ll get refunds they didn’t expect.

A rebate owed to my uncle is nineteen years old. It’s good the state doesn’t have a statute of limitations for this program.

Texas Comptroller Glenn Hegar said, “I encourage everyone to visit ClaimItTexas.org to see if the state is holding some of their unclaimed property.” You can also call 800-321-2274 (cash).

Will you check it out?

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