Pennsylvania
Pennsylvania Money Match Program Sends First Checks to Residents
Treasurer Stacy Garrity, alongside Senator Devlin Robinson (R-37), announced the inaugural disbursement of funds from the Pennsylvania Money Match program, with over $1.7 million in checks being mailed to state residents. This initiative, which received unanimous approval from the General Assembly and was signed into law by the Governor, aims to efficiently return unclaimed property to its rightful owners.
More than 7,000 Pennsylvanians will soon find checks in their mailboxes, representing the first wave of payments under the program. These funds stem from unclaimed property such as dormant accounts and uncashed checks, with individual claims capped at $500.
The program’s introduction follows a series of “due diligence” notifications sent by the Treasury to potential beneficiaries in January. Following this first batch, the next series of checks is scheduled for May, targeting approximately 40,000 recipients.
Pennsylvania Money Match was established under Senate Bill 24, also known as Act 81 of 2024, sponsored by former Sen. John DiSanto and complemented by House Bill 2092 from Rep. Ryan Bizzarro (D-3). Both pieces of legislation passed with bipartisan support, reflecting a collective effort to streamline the return of unclaimed assets to citizens, thereby boosting local economies and easing individual financial burdens.
Treasurer Garrity highlighted the program’s success in removing bureaucratic hurdles and improving the efficiency of government operations. Since her tenure began, Garrity has returned over $750 million in unclaimed property and has overseen significant enhancements to the treasury’s systems, including a major system upgrade and the introduction of a fast-track claim process.
For more details on the Pennsylvania Money Match program or to check eligibility for unclaimed property, residents are encouraged to visit the Treasury’s official site at patreasury.gov/MoneyMatch.