Recently I discovered that over the past few decades the Legislature has spent $514 million of Colorado’s Unclaimed Property fund for other purposes. There is still $238 million in the fund, but this unfunded liability of over a half billion dollars is an irresponsible misuse of other people’s money entrusted to the Colorado Treasury Department. It must be fixed!

As a senator and member of the Joint Budget Committee I will get to work on this immediately.

As a candidate for State Treasurer I will make this a priority issue.

If elected as State Treasurer I will not let the issue go away until it is cured.

Today the JBC received a more extensive analysis of the problem and possible solutions. One scenario actually shows how the fund could go broke in less than ten years.

To read the JBC staff analysis click here.