CFO Jimmy Patronis Highlights Unclaimed Property Auction in Tampa
TALLAHASSEE, Fla. – Chief Financial Officer (CFO) Jimmy Patronis highlighted the Florida Unclaimed Property Auction this weekend in Tampa, with the auction preview beginning, 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.”
Check out this week’s #FromTheVault! A platinum ring with yellow diamond. The Florida Unclaimed Property Team is proud to highlight new items lost or abandoned and coming up for auction soon.
— FL DFS (@FLDFS) August 19, 2022
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 to www.FLTreasureHunt.gov.
About CFO Jimmy Patronis
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).
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