![]() And the interest will continue to accrue until the Treasurer’s Office pays the claim, for a maximum of 10 years. ![]() 22, 2017, or the date the property was turned over to the Treasurer's Office, whichever is later. The interest begins to accrue either on Aug. Provide as much documentation as you can to prove you are. Anyone who claims their money in the future will receive their funds with that interest included. You can include up to 20 properties per claim however, file a separate claim for each property owner. The Illinois Treasurer is legally required to get the property to the rightful owners no matter how long it takes for them to come forward. A representative from the Illinois State Treasurers Office will help you look for unclaimed funds returned at no cost. From the State Treasurer Forms and Instructions History Glossary of Terms Success Stories Stats and Facts Interest Rates Chart Unclaimed Property Law. I remember being told it would take awhile to process. After only getting delivery occasionally I cancelled delivery and requested a refund. Years ago we subscribed to the Sunday only Pantagraph. The Illinois Treasurer holds these lost funds until they are claimed by either the original owner, heirs, or legal representatives. Illinois Treasurer Michael Frerichs needs new authority to fine any business that sends your money to the State instead of refunding it directly to you. 22, 2017, and has a valid mailing address on file with the Treasurer's Office will receive a check in the mail. The Illinois State Treasurers Office is holding over 3.5 billion in unclaimed funds for Illinoisans. Constitution by holding private property without "just compensation." Plaintiffs wanted the court to force the state to pay interest on those funds.Īnyone who has previously claimed funds from the ICash program, starting from Aug. The class-action lawsuit was filed back in 2016, with plaintiffs alleging that the state was in violation of the U.S. Go to and select the tab labeled "Register now.Let's Say You Found Your Name On The ICash Website-What Now?Īccording to the Illinois State Treasurer's Office, other than submitting a claim, there's nothing you have to do to collect the interest that's due on the funds, The interest will be calculated and applied at the time of dispersal. To be eligible to participate in the auction, prospective bidders must register with iBid if they haven't previously done so. To view auction items, go to and select the tab labeled "Storefronts." Scroll down to the Illinois State Treasurer Unclaimed Property Auction, select it and then click on the tab labeled "Upcoming Store Items." ![]() RELATED: Illinois treasurer returns $22.7M in unclaimed property back to owners 999 fine silver, including Englehard bars.Īll auction proceeds will be held for the owners. $1 bills and $2 bills, a variety of international bank notes, an Elgin pocket watch with chain, and several ounces of. Items to be auctioned include three graded Silver Eagle coins, a 14-karat rose gold woman's hand-designed ring, a 24-karat stamped yellow gold bangle bracelet, and an 18-karat white with black rhodium gold woman's cast halo ring containing a jelly opal.Īmong the other available items are uncut sheets of U.S. In addition to the Operating Line of Credit Loan Program, the Illinois State Treasurer’s Office began the Long-Term Loan Program in 2000. Since 1983, Ag Invest has loaned more than 4 billion in annual and long-term loans. "We choose items that typically have not been touched in about 10 years and that would make an interesting gift." JHello All, Are you a residence of Illinois If yes check if you don’t have any cash or property to claim feel free to email us at Illinois Unclaimed Property Official State Site 12 shares ICash Illinois is at Model Illinois Government. The Treasurer’s Ag Invest loan program is the nation’s most expansive agriculture deposit program. "We hold these auctions when we need additional space in our vault," said Illinois State Treasurer Michael Frerichs, whose office oversees unclaimed property in Illinois. We are responsible for the cash management duties of receiving, depositing and investing state funds, bond management, unclaimed property, savings programs, and. The above video is from a previous report Real Growth, Big Impact The Office of the Illinois Treasurer (Treasurer) strives for transparency, efficiency and preservation of public trust. (WLS) - Collectible coins, currency, fine silver and jewelry are among the more than 200 unclaimed property items to be auctioned online from May 1 through 5. CONTACT US Should you have any questions, please contact the Invest in Illinois Division at 217.558.6217 or email. Collectible coins, currency, fine silver and jewelry are among the more than 200 unclaimed property items to be auctioned.
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