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Frerichs announces Money Match program in Quincy

Frerichs announces Money Match program in Quincy

2 months, 1 week ago by Scott Hardy

Treasurer's Office will now send out checks to some state residents

Illinois's State Treasurer was in Quincy Tuesday to announce a new program, designed to quickly return money to some state residents. Scott Hardy has more. 

( Audio   1:13  )

Democrat Michael Frerichs announced the Treasurer's Office's new Money Match program, which automatically returns lost money to Illinois residents. Frerichs said during a press conference at Quincy City Hall that the program was inspired by a similar program in Wisconsin. A recently passed law now lets the Treasurer's Office work closely with the Illinois Department of Revenue.

( State Treasurer Michael Frerichs :14 )

Money Match is limited to 2 thousand dollars or less in cash, with only one owner. Frerichs says that state-wide, he hopes that the program can return over $12 million. That includes an estimated 189 properties in Adams County, worth nearly $39,000. Frerichs says that money could do a lot of good in the County.

( State Treasurer Michael Frerichs :14 )

Frerichs says that checks should start going out within the next three weeks. The incumbent Treasurer is up for re-election against Republican Jim Dodge this November.

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