Deadline approaching for reporting unclaimed property


The deadline for businesses reporting unclaimed property to the State Controller’s Office is April 30, 2022, for the following actions:

  • Businesses remitting unclaimed property of $2,000 and over are required to transfer funds using EFT;
  • Businesses (except life insurance companies) holding unclaimed property are required to send all due diligence notices to owners; and
  • Notice Reports from life insurance companies must be received by Controller’s Office.
    (FTB Tax News (April 2022))

For more information, contact the Outreach and Compliance Unit with the Unclaimed Property Division of the State Controller’s Office at:

updholderoutreach@sco.ca.gov

Or visit:

https://www.sco.ca.gov/upd_msg.html