Ashley Speagle
Correspondent
ATLANTA – The state of Georgia is holding on to nearly $985 million that rightfully belongs to state departments and taxpayers, according to the Georgia Department of Revenue.
“In these tough economic times, Georgians cannot afford to just let their money sit in a government account,” Rep. Tom Weldon, R-Ringgold, said in a media release Friday.
Under the Unclaimed Property Act, when an owner cannot be contacted to receive money or property from another individual or agency, the state holds onto it until the owner is notified or contacts the state to claim the money or property.