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News Release from Comptroller Susan Combs

For Immediate Release
July 9, 2010

Combs and Perez Team Up to Return Unclaimed Property

(BAY CITY) — Matagorda County residents who think or hope they might have some money waiting to be claimed from the state’s Unclaimed Property List have a chance to search the list at an event hosted by the Matagorda County Treasurer’s office and the state Comptroller’s office.

Staff members of Matagorda County Treasurer Amy Perez’s office and Texas Comptroller Susan Combs’ office will help people search for unclaimed property online, fill out claim forms and answer questions about the unclaimed property program Monday, July 12, from 10 a.m. to 7 p.m., and Tuesday, July 13, from 10 a.m. to 7 p.m. at the Center For Energy Development located on the Wharton County Junior College Bay City Campus at 4000 Avenue F, Suite B in Bay City.

“The current balance in the state’s unclaimed property fund is around $2 billion,” Combs said. “That money belongs to Texans, and I know reclaiming it would make a difference to many people in these challenging economic times. Through events like this one with Treasurer Perez, we are reaching out to Texans and encouraging them to check the Unclaimed Property List often and claim their forgotten funds.”

Combs says Matagorda County residents have $1.2 million in unclaimed property waiting for the owners to show up. Unclaimed property includes utility deposits or other refunds, insurance proceeds, mineral interest or royalty payments, dormant bank accounts and abandoned safe deposit box contents. To search for unclaimed property, visit the Comptroller’s unclaimed property Web site at www.ClaimItTexas.org or call (800) 654-FIND (3463).

Many people do not wish to reclaim their money, possibly because it is only a 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.

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