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03/19/2024 12:30 AM
Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=H&SPick=20210&cosponId=37615
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House Co-Sponsorship Memoranda

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House of Representatives
Session of 2021 - 2022 Regular Session

MEMORANDUM

Posted: August 12, 2022 12:17 PM
From: Representative Leslie Rossi
To: All House members
Subject: Ensuring Local Governments receive their Unclaimed Property
 
One of the main duties of the Treasury Department is to return unclaimed property back to its rightful owner. When most people think about this process, they are picturing individuals as the rightful owners, but local governments can have unclaimed property too.  The amount of unclaimed property owned by local governments can be substantial.

In addition to the required outreach to property owners, the State Treasurer has begun a process to systematically reach out to local governments that have unclaimed property at Treasury.  This is an excellent step forward and I will soon be introducing legislation to enshrine that practice into law.

While the amounts owned by local governments that remain unclaimed may be small, any money that is returned to them is money that does not need to be raised from the taxpayers.

Please join me in co-sponsoring this important piece of legislation as I look forward to working with you.
 



Introduced as HB2796