FOR IMMEDIATE RELEASE
Thursday, May 2, 2013
Treasurer Clint Zweifel thanks General Assembly for unanimous passage of Military Medal Return Bill
Bill will help Treasurer Zweifel return military medals to veterans
JEFFERSON CITY – State Treasurer Clint Zweifel (ZWY-ful) today thanked both chambers of the Missouri General Assembly for passing the Military Medal Return Bill yesterday. Treasurer Zweifel holds 89 military medals in Unclaimed Property, and this bill will help him return these medals to the veterans who earned them. The Military Medal Return Bill, sponsored by Representative Vicki Englund in the House and handled by Senator Dan Brown in the Senate, passed each chamber unanimously and was given final approval as an amendment to SB 186.
“I would like to thank Senator Brown, Representative Englund and the entire Missouri General Assembly for their support of this legislation,” Treasurer Zweifel said. “Since coming into office, I have worked with the legislature to ensure that the military medals I hold in Unclaimed Property are protected and respected as representations of the brave acts performed by our veterans who received them. I have now returned 42 military medals to veterans and their families and my team works every day to continue to find more owners. The Military Medal Return Bill will help me return these medals more quickly while honoring those individuals who earned them.”
The bill now awaits Governor Nixon’s signature before becoming law.
The Military Medal Return Bill allows Treasurer Zweifel to share information about the medals, such as photographs and the names of the individuals who earned them, with veterans’ organizations and the general public on his website, www.ShowMeMoney.com.
These medals are a small part of the more than $750 million in Unclaimed Property Treasurer Zweifel protects. Individuals, businesses and local governments can check for their name on the Unclaimed Property database 24 hours a day at www.ShowMeMoney.com.
About Treasurer Zweifel’s Unclaimed Property
State law requires financial institutions, insurance companies, public agencies and other business entities to turn over assets to Treasurer Zweifel that belong to a customer, client, employee or other owner if there have been no documented transactions or contact with the owner for five or more years. Most Unclaimed Property consists of cash from bank accounts, stocks, bonds and contents of safe deposit boxes that have been abandoned. It also can include uncollected insurance policy proceeds, government refunds, utility deposits and wages from past jobs. Treasurer Zweifel does not handle real property such as land and houses or certain types of personal property such as cars and boats. There is $750 million in Unclaimed Property maintained by Treasurer Zweifel. Treasurer Zweifel never charges for the return of Unclaimed Property.