July 15, 2025

Ohio Unclaimed Funds

Funds

‘We’re cheating people.’ More pushback on Ohio proposal to take unclaimed funds

PARMA, Ohio — More critics are raising red flags about an Ohio Senate proposal for the state to take permanent ownership of unclaimed funds – imposing limits, for the first time, on how much time you have to track down your missing money. Industry experts say the proposal risks clashing with private property-rights protections in

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Funds

Experts raise red flags about Ohio lawmakers’ plan to take unclaimed funds

CLEVELAND — As Ohio lawmakers weigh dipping into unclaimed funds to pay for pro sports facilities, national experts are raising red flags about one key aspect of the proposal – a provision that would transfer ownership of the money to the state if claimants don’t act fast enough. Representatives of national unclaimed-property groups say that

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