By September 11, 2017 0 Comments Read More →

Treasurer candidates vow to keep controversial unclaimed property program

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In fawning media coverage that included images of him handing checks to everyday people, John Kennedy transformed “unclaimed property” from an accounting process into the most recognizable task a state treasurer does.

Perceiving that unclaimed property could directly touch voters in a way that a state treasurer’s usual work with complex finances doesn’t, Kennedy took the program with him when he left the Revenue Department to become state treasurer in January 2000.

The main candidates vying for a chance to replace Kennedy as state treasurer in the Oct. 14 election praise Kennedy and promise to keep the program going despite brewing problems and controversy. Kennedy was elected to the U.S. Senate in 2016…

 

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