Individuals and businesses claimed a record amount of unclaimed property through the “Great Iowa Treasure Hunt” last year. Iowa financial institutions turn over things like the contents of safety deposit boxes or dormant bank accounts when they cannot find...
State Treasurer Roby Smith says short term investing of unspent state funds has yielded over $1 billion for the State of Iowa since he took office in January of 2023. “You’ve heard of purchasing power. This is investing power and so we invest it and we...
Tomorrow, February 1, is National Unclaimed Property Day and State Treasurer Roby Smith says his office has plenty of it. “We have $587 million that we have to return to Iowans,” Smith says. Banks and businesses that lose contact with the owner of...
Governor Reynolds has signed a bill into law that raises the maximum tax deduction for contributing to a “College Savings Iowa” account to $5200. That’s 22% higher than what was allowed this year. The higher tax deduction also applies to...
The State of Iowa has been covering medical malpractice settlements involving the University of Iowa Hospitals and Clinics that exceeded $9 million, but under a new agreement the Iowa City-based heath care system will pay more and taxpayers will pay less to settle...
