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UNCLAIMED PROPERTY FOCUS is a blog written by and for UPPO members, featuring diverse perspectives and insights from unclaimed property practitioners across the U.S. and Canada. We welcome your submissions to Unclaimed Property Focus. Please contact Tim Dressen via tim@uppo.org with any questions about submitting a blog post for consideration and refer to our editorial guidelines when writing your blog post. Disclaimer: Information and/or comments to this blog is not intended as a substitute for legal advice on compliance or reporting requirements.

 

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2020 UPPO Annual Conference Video #2

Posted By Administration, Wednesday, March 25, 2020

Despite the UPPO Annual Conference cancellation, many people worked tirelessly to develop what was on track to be the best-attended conference in UPPO history. To recognize those people, 2019/20 UPPO President Troy Wangen recorded a series of videos, which are being posted on the UPPO blog over the next few days. 

 

View the first video here.

View the second video below. 

View the third video here. 

View the fourth video here.

 

 

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2020 UPPO Annual Conference Video #1

Posted By Administration, Tuesday, March 24, 2020

Despite the UPPO Annual Conference cancellation, many people worked tirelessly to develop what was on track to be the best-attended conference in UPPO history. To recognize those people, 2019/20 UPPO President Troy Wangen recorded a series of videos, which will be posted on the UPPO blog over the next few days, beginning with the first video, presented below.

 

View the second video here.

View the third video here.

View the fourth video here.

 

 

 

 

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UPDATED: Are States Offering Unclaimed Property Reporting Extensions?

Posted By Administration, Tuesday, March 17, 2020
Updated: Saturday, March 28, 2020

Thanks to the COVID-19 outbreak, “business as usual” has become unusual for most people in recent weeks. Because spring unclaimed property reporting season is upon us, some holders have contacted UPPO, wondering whether states are granting extensions to companies that are unable to meet filing deadlines as a result of COVID-19 disruption to regular business.

 

UPPO reached out to states with reporting deadlines between March 1 and July 1 regarding extensions in light of the COVID-19 outbreak business disruption. Following are the responses received as of March 19, 2020. NAUPA is also collecting and posting COVID related information from states on its website

 

CONNECTICUT: At this time Connecticut’s statutory reporting deadline has not changed – March 30, 2020. However, the state is asking everyone to send in the report as quickly as possible. Connecticut has decided to temporarily accept a copy of the executed and notarized coversheet. Holders should visit the state’s website for important information regarding reporting unclaimed property. Send holder questions to CTHolderReport@ct.gov.

 

DELAWARE: Delaware’s spring reporting deadline for most holders (excluding insurance companies and banking organizations) was March 1, 2020. The state’s Office of Unclaimed Property understands that holder business operations are likely to be impacted by the coronavirus. Holders are encouraged to file their annual reports and remit payment and securities as soon as feasible. Those holders that require an extension for filing their annual report will be granted a 30-day extension upon written request to Escheat.holderquestions@delaware.gov. Additional extension requests should also be submitted in writing to the same email address.  

 

ILLINOIS (information received and added on March 27): A 30-day extension will be automatically granted to all annual reports due by April 30, 2020 for requests submitted via email to up_report@illinoistreasurer.gov. Administrative rules require extension requests be received at least 15 business days before the due date. Thus, requests should be sent before the close of business on April 9, 2020. Additionally, interest and late-filing penalties will be waived for up to 60 days after the end of the emergency declaration in Illinois.

 

MICHIGAN: Michigan has not made any changes to its July 1 filing deadline. Statute provides holders with an option to request a 60-day extension. The state will take those requests into consideration as they are received.

 

MISSOURI: Missouri is automatically granting an extension for the May reporting period when receiving an email requesting such. The state’s notice says, “The Missouri State Treasurer’s Office understands that businesses are likely to be impacted by COVID-19 and the subsequent business interruptions, etc. Because of this, holders that require an extension for reporting unclaimed property will be granted a 30-day extension when requested in writing. Holder needing more than 30 days, but not exceeding 90 days, should put the additional time requested in writing. Please reach out to UCP@treasurer.mo.gov with written requests or with any questions.”

 

PENNSYLVANIA: The Pennsylvania Treasury is granting a waiver for holders that will be unable to report and remit unclaimed property prior to the annual April 15 reporting deadline. For any holders in need of additional time, please notify Treasury via email at report@patreasury.gov.

 

TEXAS: We have no plans at this time to extend the July 1 reporting deadline.

 

VERMONT: Vermont is automatically granting an extension for the reporting period when receiving an email requesting such. The state’s notice says, “The Vermont State Treasurer’s Office understands that businesses are likely to be impacted by COVID-19 and the subsequent business interruptions, etc. Because of this, holders that require an extension for reporting unclaimed property will be granted a 30-day extension when requested in writing. Holder needing more than 30 days, but not exceeding 60 days, should put the additional time requested in writing. Please reach out to TRE.UPCompliance@vermont.gov with written requests or with any questions.”

 

UPPO publishes its unclaimed property reporting guide twice annually – before the spring and fall reporting periods. Each guide contains deadlines, contact information, links to holder resources and other useful information for each state with a reporting deadline in the respective spring or fall reporting period. Links to extension information for states with published policies are also included.

 

During this time of potential disruption, using these guides may assist with outreach to state administrators.

 

View UPPO’s Spring Reporting Guide, updated in February 2020.

View UPPO’s Fall Reporting Guide, updated in August 2019.

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UPPO Cancels Annual Conference

Posted By Administration, Wednesday, March 11, 2020
Updated: Wednesday, March 11, 2020
Dear UPPO Annual Conference attendees, sponsors and exhibitors,

The excitement and enthusiasm you all showed for the upcoming 2020 UPPO Annual Conference was electrifying the organization, and we were looking forward to welcoming a record crowd to Tucson. Unfortunately, the current environment surrounding the concerns about coronavirus (COVID-19) has led the Board of Directors to the painstaking decision that we must cancel this year’s Annual Conference. The health and safety of our attendees is of the upmost importance and with new guidance issued by the Center for Disease Control and World Health Organization, as recently as today, UPPO needs to do its part to ensure we can help stop the spread of this virus.

Our volunteers, speakers, facilitators and staff have put in an excruciating amount of hours into planning this conference and we could not be more grateful for all that has been done. Over the next few days and weeks, we will provide additional information about the event and our next steps, so we again ask for your patience and understanding during this unusual time. Details will be forthcoming about attendee, sponsor and exhibitor refunds; virtual learning platforms allowing our certificate program attendees to complete course requirements; and Annual Business Meeting rescheduling. If you have not already done so, please contact the hotel to cancel your room reservations. 

I was looking forward being able to reconnect with old friends and meet all the new faces, along with sharing with you all the wonderful things UPPO was able to accomplish this year – it just may have to be done in a different way. 

More communication and FAQs will be distributed over the course of the next couple weeks, but we wanted to provide this update as soon as we could so that all our attendees could plan accordingly.

On behalf of all of the Board of Directors and UPPO staff, we apologize for this inconvenience and sincerely THANK YOU for your support and interest in UPPO. Mark your calendar to join us when the conference returns, March 28-31, 2021, in San Antonio, Texas.

Best regards,

Troy R. Wangen
2019/20 UPPO President

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Attending the UPPO Annual Conference? Explore Tucson

Posted By Administration, Thursday, March 5, 2020

This year’s UPPO Annual Conference will take place in city many consider an underappreciated gem of the Southwest – Tucson, Arizona. With its beautiful landscapes, varied arts and entertainment opportunities, and growing culinary scene, Tucson is sure to provide attendees who take some time to see the sights with a memorable experience.  

 

Restaurants

Love Mexican food? You’re headed to the right city. Tucson boasts the best 23 miles of Mexican food in America. Everywhere you turn in Tucson, you’re likely to encounter a taco truck, taqueria or restaurant. One of them, El Charro, has been serving up authentic Mexican fare for 97 years.

 

Not feeling like Mexican food? Fear not. Tucson boasts a collection of restaurants to please any palate. If you need a sushi or dim sum fix, try Sushi Lounge. Get a little taste of Italy, by picking up some cannoli from Caffe Milano. Whatever cuisine you crave, Tucson has the answer.

 

The Great Outdoors

In a word, Saguaro National Park is breathtaking. The 91,327-acre park is home to America’s largest cacti, miles of hiking trails and desert tortoises in their natural environment. Other area parks include Catalina State Park, Tucson Mountain Park and Kartchner Caverns State Park.

 

History

Tucson is packed with history, and much of it is on display at area museums and sights. The Arizona History Museum features artifacts from Wyatt Earp, and Emperor and Empress Maximillian, plus a recreation of 1970s Tucson and a mining tunnel. A 19th century fort that played a key role in the Apache Wars, Fort Lowell includes a large collection of military artifacts. The Pima Air & Space Museum is the largest privately funded museum of its kind in the nation. It includes more than 300 aircraft from throughout the history of aviation.

 

Attractions

The Tucson area has a variety of attractions to fit all tastes and any mood. The Arizona-Sonoma Desert Museum is unlike any other. Part zoo, part aquarium, part art gallery and part natural history museum, this 98 acre facility is home to more than 200 animal species, geological exhibits housed in a cave, and so much more.

 

The Franklin Auto Museum features a large collection of classic Franklin vehicles, built between 1902 and 1934. Only about 3,700 of these early automobiles still exist, and there’s no other place to see more of them and learn about their history in a single location.

 

Seeking something a bit more whimsical? Check out The Mini Time Machine Museum of Miniatures. This unique home dedicated to the world of tiny art pieces currently includes exhibitions about 19th century ladies’ fashion, early circuses, miniature silver collectibles and paintings on coins and clayboard.

 

Enjoy your time in Tucson!

Tags:  UPPO annual conference 

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