Treasury Returns More Than $200,000 in Unclaimed Property to Residents and Businesses in Pittsburgh at Events Hosted by Rep. Lindsay Powell
Pittsburgh, PA - Treasurer Stacy Garrity and state Rep. Lindsay Powell (D-21) announced today that more than $200,000 in unclaimed property is being returned to residents and businesses in Pittsburgh following recent events hosted by Rep. Powell.
“I was thrilled to work with Rep. Powell and her staff to get this money back to hardworking Pennsylvanians. Returning more than $200,000 to her constituents is amazing! Treasury is working to return more than $4.5 billion in unclaimed property because that money doesn’t belong to the state, and events like these are a great example of why everyone should search our website regularly. You never know what you may find for yourself, your business or your organization.”
Pennsylvania State Treasurer Stacy Garrity
“Our unclaimed property event could not have been a bigger success. My office was proud to partner with the Department of Treasury, as well as members of Senator Costa’s staff, to return hundreds of thousands of dollars in property to residents of the 21st district. As a state representative, my top priority is to provide quality services to our constituents. We look forward to hosting similar events in the future.”
Representative Lindsay Powell (D-21)
Residents and business owners stopped by Rep. Powell’s district office in Pittsburgh’s Lawrenceville neighborhood on February 20 and 21, where they were helped in their search for unclaimed property by her staff and a member of Treasury’s outreach team. In total, more than $212,738 worth of unclaimed property was identified and is now in the process of being returned to the rightful owners, which include individuals, businesses, municipalities, schools, fire departments, and libraries.
Some of the most notable returns include $102,000 to Cinelease, a company that supplies film and television production equipment and has offices in Pittsburgh, and $11,200 to a nearby convenience store.
Unclaimed property can include dormant bank accounts, uncashed checks, insurance policies, contents of forgotten safe deposit boxes and more. State law requires businesses to report unclaimed property to Treasury after three years of dormancy.
In the last fiscal year, ending June 30, 2023, Treasury returned the most unclaimed property ever in a single year – almost $274 million.
More than one in ten Pennsylvanians is owed unclaimed property, and the average claim is worth about $1,600. To search for unclaimed property, visit patreasury.gov/unclaimed-property.
Media contacts:
Samantha Heckel, Press Secretary (Treasury), 717-418-0206 or sheckel@patreasury.gov
Office of Rep. Lindsay Powell, 412-781-2750 or RepPowell@pahouse.net