The Norman Transcript

Government

December 20, 2013

Oklahomans can claim forgotten treasures

NORMAN — A treasure worth in excess of $500 million is waiting to be found. More than 825,000 Oklahomans have unclaimed property that State Treasurer Ken Miller would like to return. Retrieving that money may simply be a few mouse clicks away.

“We’re holding more than $500 million for 1-in-4 Oklahomans, and we’d like to get it back to the rightful owners,” Miller said.

Businesses bring unclaimed cash, rebates, paychecks, royalties, stocks and bonds to Miller’s office. Oklahomans can find out if they have unclaimed property at yourmoney.ok.gov — the treasurer’s official unclaimed property website.

In some cases, the money might be a tax rebate that can be claimed by calling 521-4273 during normal office hours.

The treasurer’s website lists whether the money is less than or more than $100 and will identify tax rebates. The site also has a “Help” screen with tips for searching and other information on how to make a claim. The FAQ — Frequently Asked Questions — portion of the site, gives more information.

Tim Allen, deputy treasurer for communications, said the unclaimed property program is a department favorite.

“We give people money,” Allen said.

Businesses turn over money and property to the state treasurer — according to legal requirements based on what type of property it is — after three to eight years. Safe deposit boxes, for example, are turned over by banks after five years.

“It’s basically a consumer protection program because instead of businesses keeping the money, they turn it over to the state,” Allen said. “We publicize the names and try to get people their money. It’s a free service; we don’t charge people anything.”

The money never reverts to the state.

“The people with unclaimed property and their heirs can always claim that money, no matter how long it has been, and they’re entitled to every penny of it,” Allen said.

Text Only | Photo Reprints
Government
  • Congressman Cole reflects on recovery

    Congressman Tom Cole’s home in Moore was not hit by the May 20 tornado but it came pretty close. His wife has made it clear she wants a saferoom, he said. In a visit to the Transcript on Friday afternoon, Cole talked about tornado ...

    April 19, 2014

  • Oklahoma Water Resources Board grants Norman low-interest loan for facility upgrade

    Norman has been authorized for a $50.3 million loan from the Oklahoma Water Resources Board to fund Phase 2 of the Norman Water Reclamation Facility upgrade. “It’s the single largest loan OWRB has made,” Norman Mayor Cindy Rosenthal said. ...

    April 17, 2014

  • General fund continues to decline as expenses exceed anticipated revenues

    Norman’s expenses will again outstrip projected revenue in the current budget before the city council. The budget for the fiscal year that starts in July and ends June 30, 2015, projects $210,982,020 in total revenues and $213,436,778 in ...

    April 16, 2014

  • County hears presentation on employment opportunities

    The Cleveland County Board of Commissioners listened to a presentation Monday to consider partnering with a nonprofit that provides employment opportunities for prison inmates re-entering the community. Patrick Viklund, Center for ...

    April 15, 2014

  • Drilling operation shows policy gap

    While Norman residents are being encouraged to use rain barrels, a Texas oil and gas company is pumping thousands of gallons of treated drinking water into the ground. The Oklahoma Corporation Commission controls permits for drilling, ...

    April 12, 2014

  • Filings finished

    In addition to Ward 2 Norman City Council candidates Clint Williams and Aliesha Karjala several federal, state and county officials will be on the June 24 ballots. Filing for offices that serve Cleveland County residents are: · ...

    April 12, 2014

  • Fracking review online

    The Oklahoma Hydraulic Fracturing State Review is available on the Corporation Commission’s website, occeweb.com. Completed in 2011 by a non-profit, multi-stakeholder organization, State Review of Oil and Natural Gas Environmental ...

    April 12, 2014

  • Candidates file for state and federal positions Thursday

    New filings on Thursday include: ; ...

    April 11, 2014

  • City briefs

    Egg hunt today  Norman’s Easter Egg Hunt will be today at Andrews Park. Activities — including moon bounces, games, giveaways and Easter Bunny photos (bring your own camera) — will start at 5:30 p.m....

    April 11, 2014

  • Norman residents among those seeking to run for county, state offices in first day of filing

    Filing for county and state offices started Wednesday and continues from 8 a.m. to 5 p.m. today and Friday. A handful of Democrats and a trickle of Independents vye with a field heavy-laden with Republican candidates. There are few ...

    April 10, 2014