From State Controller’s Office: Extended deadline for life insurance company unclaimed property remit reports and remittances approaches February 2021 Tax News

In April 2020, State Controller Betty T. Yee postponed the final filing date for life insurance companies to submit their reports of unclaimed property due to the COVID-19 pandemic. Life insurance companies, which normally would have submitted their unclaimed property Remit Reports and Remittances to the State Controller’s Office (SCO) from December 1 – 15, 2020, must now submit them from February 1 – 15, 2021.

For more information or to request one-on-one assistance with reporting and remitting unclaimed property to the state, contact the Outreach and Compliance Unit with the Unclaimed Property Division of SCO at updholderoutreach@sco.ca.gov.