For Immediate Release
April 14, 2010
Combs Returns Unclaimed Property in The Woodlands and Conroe,
Urges Montgomery County Residents to Check the Unclaimed Property List
(Montgomery County) — Texas Comptroller Susan Combs said today that the city of Conroe has reclaimed $760 in unclaimed property, and Montgomery County has reclaimed $25,161.
“Cities, counties and school districts face challenges in this tough economy,” Combs said. “Our office has expanded its efforts to quickly contact local government entities that have money on the state’s Unclaimed Property List and help them reclaim it, and I applaud the taxing entities in this community for taking the initiative to get this money back and put it to work for the taxpayers.”
Combs also urged all Montgomery County area residents to check the Unclaimed Property List to see if they have money waiting to be claimed. The state is holding more than $11.7 million dollars in unclaimed property for people and businesses in Montgomery County, including $4.7 million for those in Conroe and $3.8 million for those in The Woodlands. The Comptroller estimates 18 out of 100 people in The Woodlands have money waiting to be claimed, and nearly half of Conroe residents — 43 out of 100 — have unclaimed property.
The unclaimed property Web site at www.ClaimItTexas.org is available year-round and contains the complete list of all owners of any amount of unclaimed property. You may also inquire about unclaimed property by phone at (800) 654-FIND (3463).
Many people who discover their names on the Unclaimed Property List do not claim their money, possibly because it is a very small amount. Combs urges those folks to put their money to work for a good cause.
“Unclaimed property owners now have the option to donate all or part of their unclaimed money to the Texas Match the Promise Foundation, an organization created to provide matching scholarships to children enrolled in the Texas Tuition Promise Fund,” Combs said. “A new link on the Unclaimed Property Web page makes it easy to put your money to work for a child’s future.”
Learn more about the Texas Match the Promise Foundation at www.MatchThePromise.org.
The state is holding about $2 billion in unclaimed property for missing owners statewide. Examples of unclaimed property include dividend, payroll or cashier’s checks; stocks, bonds and mutual fund accounts; utility deposits and other refunds; insurance proceeds; mineral interest or royalty payments; dormant bank accounts; and abandoned safe deposit box contents.
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