FOR IMMEDIATE RELEASE
Friday, March 23, 2012
State Treasurer Clint Zweifel returns $1 million to business
Treasurer wants Missourians to know they can have expired state checks reissued
JEFFERSON CITY – A company doing business in Missouri just got a welcome surprise – the reissue of a forgotten $1 million tax return check. State Treasurer Clint Zweifel (ZWY-ful) announced the amount today as part of an effort to return uncashed expired State of Missouri checks. Any check issued by the State of Missouri automatically becomes void after one year if not cashed. The check went uncashed do to the business changing addresses. The business name is being withheld per state statute.
At the end of fiscal year 2011 there were nearly 40,000 expired State of Missouri checks that Treasurer Zweifel is working to return. After three years, if a check has still not been reissued and cashed, it will become Unclaimed Property. At no point, does the money become the state’s.
"This is good government and good customer service," Treasurer Zweifel said. "My team is working toward a 10-year high for replaced checks, already having replaced more than 600 expired checks worth more than $2 million this fiscal year. This proactive outreach is helping Missourians and business owners get their money faster."
Since January 2009, Treasurer Zweifel has replaced more than 2,300 checks worth more than $6 million. The highest amount of checks reissued in the past 10 years was in fiscal year 2005 with 1,082 expired checks worth $2.9 million.
A person or business with an expired State of Missouri check should contact Treasurer Zweifel’s office by email at email@example.com. Any check older than three years may be searched for and claimed at www.ShowMeMoney.com