BATON ROUGE – State Treasurer John Kennedy announced Tuesday that the recently concluded “Refund The Tolls” Program put more than $3 million in Crescent City Connection (CCC) toll monies owed to the public back in their hands.

“We took our duty to return this money very seriously,” said Treasurer Kennedy. “When the Legislature asked us to do this, we immediately made the refund process as simple as possible for citizens and started issuing checks.”

The toll refund program, which by state law ended on June 30th, returned a total of $3.1 million to 127,359 citizens. Refunding this money was a top priority for the Unclaimed Property program, which made an aggressive public outreach effort to identify owners, including a dedicated website and two successful “awareness days” at Oakwood Center in Gretna.

“Treasurer Kennedy and his Unclaimed Property team made the toll refund program a great success,” said state Rep. Patrick Connick, who helped pass the toll refund bill in 2013. “Thanks to his leadership, we were able to get this money back to the people. They stepped up to the plate and hit it out of the park.”

In addition to the Unclaimed Property program’s outreach efforts, electronic verification was used to identify people who qualified for refunds but had not applied for them as the June 30th deadline approached. Citizens whose information was properly matched were issued checks immediately to their last known address, increasing the amount of toll money returned.

“I’m thrilled we were able to return this much money,” said Treasurer Kennedy. “I wish we could have returned every single penny, but I’m very proud of what we achieved.”

Under the “Refund the Tolls” law, the state Department of Transportation and Development transferred $7.2 million in unclaimed CCC toll monies to the State Treasury in 2013 for refunding by the state’s Unclaimed Property Program. Under the law, all toll monies not refunded will be returned to DOTD for dedicated public transportation uses – 70% will be transferred to the New Orleans Regional Planning Commission for lighting on the Crescent City Connection Bridge and 30% will be put toward funding assistance for the New Orleans ferry system.

The “Refund The Tolls” Program may be over, but the Unclaimed Property Program still holds more than $635 million that is waiting to be claimed by Louisiana residents and businesses. The money includes payroll checks, old bank accounts, royalties, utility deposits, interest payments, stock certificates and life insurance proceeds. Start your free online search today at www.LATreasury.comor call 1-888-925-4127.

Contact:
Michelle Millhollon
(225) 342-0012
mmillhollon@treasury.state.la.us