McRae Applauds Legislature for Allowing a Parent’s Unclaimed Money to Directly Satisfy Child Support Debts

Brittany CominsNewsroom

Treasurer David McRae today applauded the Mississippi Legislature for allowing the State Treasury to use a parent’s unclaimed money to satisfy child support debts. The Treasurer also announced he has instructed his team to prioritize these returns to ensure children receive the money as quickly as possible. “When a parent fails to pay their child support, young people lose out … Read More

McRae: A Lot to Celebrate on Unclaimed Property Day

Brittany CominsNewsroom

Each February, we celebrate National Unclaimed Property Day and this year, we had a lot to celebrate. Since I took office in 2020, your State Treasury has returned $45 million and set two consecutive annual records for unclaimed property returns. My goal for 2022 is to set a third record. This money has been a meaningful stimulus to Mississippi during … Read More

McRae: Answering Your Questions

Brittany CominsNewsroom

Recently, I joined thousands of Mississippians on a live phone call about our work at your State Treasury. It was incredibly helpful for me to hear what questions Mississippians had; I gained more than one idea as to how we can serve you and your family even better from this conversation. As I reflect back, I wanted to take a … Read More

McRae: How Your Treasury Gave $40 Million Back to Mississippi

Brittany CominsNewsroom

We all know the feeling when you dig out a winter coat and find a $20 bill forgotten in the pocket. At your State Treasury, it’s our job to help Mississippians dig through life’s pockets to find money you have long forgotten (or perhaps, were unaware you were even entitled to). There’s a lot of money to be found too. … Read More

Treasurer McRae Returns $40 Million in Unclaimed Money

Brittany CominsNewsroom

State Treasurer David McRae today announced he has returned more than $40 million in unclaimed property to Mississippi since taking office in January 2020. This marks the Treasurer’s second record-breaking year in a row. “When we return unclaimed money, we are stimulating the state’s economy without increasing the burden on taxpayers. It’s a win-win,” said McRae. “Over the last year, … Read More

McRae: A No-Strings-Attached Economic Stimulus

Brittany CominsNewsroom

Nearly every receipt you get this year is a little higher than it was last year. The cost of groceries is up 3 percent from 2020. Gas prices haven’t been this high since 2014. And a new car now costs, on average, $45,000 – equivalent to the median annual household income in Mississippi. Inflation is eroding America’s Middle Class. The … Read More

McRae Returns $12,000 in Unclaimed Money to Tupelo

Brittany CominsNewsroom

Mississippi Treasurer David McRae returned more than $12,000 of unclaimed money to the City of Tupelo. “Returning unclaimed money is an incredible economic stimulus because it doesn’t rely on the generosity of taxpayers to fund,” said McRae. “It’s not just communities that can have unclaimed money sitting with the state. Small businesses, churches, and individuals can also be the rightful … Read More

McRae Returns $50,000 to MDOT in Unclaimed Money

Brittany CominsNewsroom

State Treasurer David McRae presented Mississippi Department of Transportation (MDOT) Executive Director Brad White with a check for unclaimed money worth more than $50,000. The funds owed to MDOT were turned over to the State Treasurer’s office from banks and other entities after sitting unclaimed for an extended amount of time. “Taxpayers intended for these funds to be used to … Read More

McRae: Your Questions Answered

Brittany CominsNewsroom

One of my priorities as Mississippi Treasurer is to make state government more accessible to you, the taxpayer. So, this July, I held my first telephone town hall, which gave me the opportunity to update Mississippians on the work our team is doing and take any questions you had. I am incredibly humbled to report that more than 4,000 Mississippians … Read More

Treasury Returns $30 Million in Unclaimed Money

Brittany CominsNewsroom

State Treasurer David McRae today announced the Mississippi Treasury has returned more than $30 million in unclaimed money since he took the helm in January 2020. The returns have been made through 10,000 separate claims. “I am incredibly proud of our unprecedented effort to return unclaimed money to the people of Mississippi,” said Treasurer McRae. “This money has become a … Read More