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Since 2018, the Louisiana Department of Treasury and Louisiana Department of Revenue have conducted an annual data share to search for updated addresses of Louisiana citizens to return their Unclaimed Property checks directly without them even needing to file a claim. Act 339 of the 2018 Regular Session permits the Louisiana Department of Revenue to share its database of current and correct addresses with the Treasury to return Unclaimed Property. As a result, the Treasury can annually update the addresses on file and clear out a backlog of Unclaimed Property still on the books.
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$78.5 million in unclaimed property has been deposited to its rightful owners this year by the Louisiana Treasury Department. The success is the result of…