February 1, 2022

Assistance with Unclaimed Property

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After numerous calls for change from House Republicans, the Office of the Treasurer has agreed to make it easier for people to reclaim their lost property from state control. Millions in unclaimed assets from forgotten bank accounts, uncashed checks or abandoned stocks and bonds, as well as unclaimed proceeds from life insurance policies winds up with the State of Connecticut.

In 2019, my colleagues Rep. Lezyle Zupkus, Mike France and I sponsored HB-5709, An Act Requiring Additional Notification Regarding Abandoned Property, to address this very issue. Our goal with that bill was to make it easier for people who may have unclaimed property to locate such items and have them returned to them expeditiously. I’m glad to see the State Treasurer’s office taking our initiative on this issue into consideration when trying to connect individuals to their unclaimed assets.

Unclaimed assets may include savings or checking accounts, un-cashed checks, matured certificates of deposit, stocks, bonds or mutual funds and proceeds from life insurance policies. These assets are held in custody of the Treasurer until claimants come forward to claim their property.

The website allows you to search for unclaimed property, check claim status, claim, report, or upload claim documentation, visit the website here.