On Monday, state Chief Financial Officer (CFO) Jimmy Patronis launched the Holiday Money Hunt and encouraged Floridians to spread the word and search to see if you or your business has Unclaimed Property that has been unknown or lost and ready to recover.
Currently, Florida has unclaimed property accounts with a total value of $2.9 billion. Since Patronis took office in 2017, more than $2.2 billion in unclaimed property has been returned to Florida citizens.
Patronis said, “I am excited to kick off the Holiday Money Hunt this holiday season and spread the word about unclaimed property in Florida. During the holidays, everyone can use a little extra cash, and an unexpected check from the State of Florida may help make things a little brighter this year. I am going to be working throughout this month and next to get the word out about Unclaimed Property and I hope you take advantage of this great opportunity. One in five Floridians has unclaimed property just waiting to be claimed and it only takes a few minutes to search now by visiting FLTreasureHunt.gov.”
In recognition of the Holiday Money Hunt, Patronis and the Department of Financial Services’ official social media Facebook and X accounts, @JimmyPatronis and @FLDFS, will use the hashtag #FLHolidayMoneyHunt throughout November and December.
Florida Unclaimed Property Available by Region:
Pensacola – $66 million available
Panama City – $37 million available
Tallahassee – $47 million available
Jacksonville – $193 million available
Gainesville – $36 million available
Orlando – $465 million available
Tampa/St. Pete – $610 million available
Fort Myers/Naples – $161 million available
West Palm Beach – $344 million available
Miami – $1 billion available
Unclaimed Property is a financial asset that is unknown or lost, or has been left inactive, unclaimed or abandoned by its owner. The most common types of unclaimed property are dormant bank accounts, unclaimed insurance proceeds, stocks, dividends, uncashed checks, deposits, credit balances and refunds. Unclaimed property also includes contents from abandoned safe deposit boxes in financial institutions. Unclaimed property assets are held by business or government entities (holders) for a set period of time, usually five years. If the holder is unable to locate, re-establish contact with the owner and return the asset, it is reported and remitted to the Florida Department of Financial Services, Division of Unclaimed Property.