The happenings "inside" the Wisconsin State Treasury and across the street at the State Capitol

Unclaimed Property FAQ: Who Administers the Law?


The Wisconsin State Treasurer serves as custodian of the property on behalf of the owner.  Property is held indefinitely under current statutes.  Interest earned on the $400 million in the Treasury is used to run the office, pay staff, process claims.  A significant amount each year is also paid out to Public School Libraries.  In 2011, $32 Million in interest was paid in such a manner.

2 responses

  1. Pingback: FAQ Unclaimed Property: Who Must File Unclaimed Property Reports? « Wisconsin State Treasury

  2. Pingback: FAQ Unclaimed Property: How to File an Unclaimed Property Report « Wisconsin State Treasury

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