What is Betty T Yee State Controller disbursements Bureau?

What is Betty T Yee State Controller disbursements Bureau?

As the chief fiscal officer of California, the fifth largest economy in the world, Controller Betty Yee is responsible for accountability and disbursement of the state’s financial resources.

Why would I get mail from state controller?

From January 13 through February 10, the Controller is mailing notices to Californians with unclaimed property, including money, stock and safe deposit box contents. If you do not contact the business before the deadline stated in the letter, the property will be sent to the Controller’s Office for safekeeping.

How do I remit an unclaimed property in California?

1. Step 1 Identify Unclaimed Property.
2. Step 2 Perform Holder Due Diligence.
3. Step 3 Submit a Holder Notice Report.
4. Step 4 Respond to Owner Claims Resulting from SCO Notices.
5. Step 5 Submit a Holder Remit Report and Remittance.
6. 10600 White Rock Road, Suite 141.

How do I contact Betty Yee?

Betty Yee’s Phone Number 808-394-XXXX.

What is the job of a state controller?

Responsibilities of the Controller’s Office The State Controller is the Chief Fiscal Officer of California, the sixth largest economy in the world. She helps administer two of the largest public pension funds in the nation and serves on 78 state boards and commissions.

What is state Controller mail?

The Controller’s team mails these annual notices in an effort to connect owners with their property before it is sent to the state government for safekeeping.

What comes from the state controller?

The State Controller’s Functions Account for and control disbursement of all state funds. Determine legality and accuracy of every claim against the State. Issue warrants in payment of the State’s bills including lottery prizes. Administer the Uniform State Payroll System.

How long does California hold unclaimed property?

Unclaimed Property is generally defined as any financial asset that has been left inactive by the owner for a period of time specified in the law, generally three (3) years. The California Unclaimed Property Law does NOT include real estate.

What does the state controller do?

The Controller is the state’s independent fiscal watchdog, providing sound fiscal control over more than $100 billion in receipts and disbursements of public funds a year, offering fiscal guidance to local governments, and uncovering fraud and abuse of taxpayer dollars.

How can you reclaim unclaimed property?

Owners of unclaimed property can easily reclaim their assets by filing a claim with the appropriate state. States have processes in place for actively locating owners of unclaimed property. They may search government records to identify and locate individuals, often contacting them through various means.

How do I Find my missing money?

To find your missing money there are multiple agencies to search at. You’ll need to look in all the states you previously lived in. In addition, you need to search on any maiden names or prior names you may have used. In addition to searching for yourself, you may also want to search for deceased relatives.

What is unclaimed property?

Examples of unclaimed property include dormant bank accounts, uncashed checks, unclaimed insurance proceeds and forgotten utility deposits. The State Treasurer’s Office acts as custodian of these funds until the rightful owners come forth and make a claim.

What is a claim money?

A claim is something that one party owes another. Someone may make a legal claim for money, or property, or for Social Security benefits. A claim also means an interest in, as in a possessory claim, or right to possession, or a claim of title to land.