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CFO Jimmy Patronis Highlights Unclaimed Property Auction in Tampa

8/26/2022
TALLAHASSEE, Fla. - Today, Chief Financial Officer (CFO) Jimmy Patronis highlighted the Florida Unclaimed Property Auction this weekend in Tampa, with the auction preview beginning today, August 26 at 9 AM EST and the auction beginning on Saturday, August 27 at 9 AM EST. The auction will be held live and in-person at the Holiday Inn Tampa Westshore Airport, 700 N Westshore Boulevard, Tampa, Florida 33609. For more information about the auction and items available, click here.
 
CFO Jimmy Patronis said, “I am excited for our Division of Unclaimed Property team as they kick off this year’s Unclaimed Property Auction in Tampa. Items to bid on include jewelry, watches, gold and silver coins, and sports memorabilia. Unclaimed property owners are able to claim the value of these items at any time. Until claimed, the proceeds from this auction are used to help fund education in Florida. Since I took office in 2017, more than $1.7 billion in unclaimed property has been returned to Florida citizens. An estimated one in five Floridians has unclaimed funds just waiting to be claimed and I’m encouraging all individuals and business owners to search now for unclaimed property at FLTreasureHunt.gov.”
 
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. Unclaimed funds are deposited into the State School Trust Fund and used to support public schools. However, the original amount reported can always be claimed by the owner, or his/her heirs, at no cost.
 
To search for unclaimed property or to claim an account, go online towww.FLTreasureHunt.gov.