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Frerichs announces Money Match program in Quincy

Frerichs announces Money Match program in Quincy

10 months 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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