AZ returns more than $48M in unclaimed property

PHOENIX — The Arizona Department of Revenue reunited $48 million with its rightful owners during the state’s 2021 fiscal year, which ran July 1, 2020 to June 30, 2021.

Despite the COVID-19 pandemic and safety restrictions, ADOR’S Unclaimed Property Unit continued its efforts to assist taxpayers in recovering lost assets by providing virtual meeting options and in-person appointments.

The team delivered $5 million more back to residents than during fiscal year 2020.

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