Texas Owes Residents $2.2 Billion

Unclaimed funds belong to 1 in 4 Texans

By Bruce Felps
|  Saturday, Feb 26, 2011  |  Updated 2:32 PM CDT
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Texas Owes Residents $2.2 Billion

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Commentary
by Bruce Felps

The Texas Comptroller's Office wants to make sure $2.2 billion under its control gets to its rightful owners.

The money represents funds owed Texas residents who didn’t know they were owed money. It might languish in a forgotten checking or savings account. It might belong to the estate of a deceased parent or other close relative. It might be an uncollected utility deposit or insurance refund. And it might belong to you.

A representative from the comptroller's office was at the Comerica Bank location at NorthPark on Friday — for people who think or hope they have the right to unclaimed money, about $1,000 on average.

OK, about half the NBCDFW website readership just left. The rest of you can check the state’s online database to see if your name is listed. And there goes the other half.

Odds are pretty good, too, way better than the Texas Lotto. According to an NBCDFW report, one-in-four state residents will find his or her name on the list, and crap, mine’s not there.

More: ClaimItTexas.org


Bruce Felps owns and operates East Dallas Times, an online community news outlet serving the White Rock Lake area. Missed out on a one-in-four chance. He’d loose a 50-50 shot about 95 percent of the time. That is why he does not bet.
 

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