ON AIR NOW

LISTEN NOW

Weather

cloudy-day Created with Sketch.
59°
Overcast
H 70° L 45°
  • cloudy-day Created with Sketch.
    59°
    Current Conditions
    Partly Cloudy. H 70° L 45°
  • cloudy-day Created with Sketch.
    67°
    Evening
    Partly Cloudy. H 70° L 45°
  • clear-night
    46°
    Morning
    Clear. H 75° L 60°
LISTEN
PAUSE
ERROR

Krmg news on demand

00:00 | 00:00

LISTEN
PAUSE
ERROR

Krmg traffic on demand

00:00 | 00:00

LISTEN
PAUSE
ERROR

Krmg weather on demand

00:00 | 00:00

Local
Lawmakers want to use money from Oklahoma unclaimed property fund
Close

Lawmakers want to use money from Oklahoma unclaimed property fund

Lawmakers want to use money from Oklahoma unclaimed property fund
Courtesy: http://www.theamericanindiancenter.org/

Lawmakers want to use money from Oklahoma unclaimed property fund

There's a plan afoot to move about $40 million from the Oklahoma unclaimed property fund and use to help finish building a Native American cultural center and museum in Oklahoma City.

The move is not unprecedented; Tim Allen with State Treasurer Ken Miller's office says the legislature has used some of the money from the fund for other purposes over the years.

It's legal, but Miller has warned lawmakers to be careful how they do it, Allen says.

"This is other people's money," he said. "This is not tax dollars."

The unclaimed property fund is valued at about $500 million, but the state only has about $90 million on hand currently.

Treasurer Miller was asked how much the legislature could safely appropriate, and came up with the $40 million figure.

Last year, the unclaimed fund returned about $16 million to people, which was a record.

So far this fiscal year, it has returned about $20 million -- smashing the old record, with two months to go.

Part of the reason is a pilot program offering incentives to Treasure Department employees, who get bonuses based on how much money they return.

If you think you might have unclaimed money -- from old utility deposits, for example, or income tax returns -- you can visit the Your Money page on the State Treasurer's website, search for your name, and start a claim.

The Native American Cultural and Educational Authority (NACEA) was created by the Oklahoma state legislature in 1994.

It's task is to design, construct and operate the American Indian Cultural Center and Museum.

The NACEA needs another $80 million to complete the project.

It hopes to get the $40 million from the unclaimed property fund, and organizers say they have raised the other $40 million through private donations.

Read More
VIEW COMMENTS

There are no comments yet. Be the first to post your thoughts. or Register.

  • Sixteen months after he declared a state of emergency on homelessness, Seattle's mayor is asking voters in this liberal, affluent city for $55 million a year in new taxes to fight the problem. But some are pushing back, saying the city already spends millions to combat homelessness, and things appear to have gotten worse, not better. In making his case, Mayor Ed Murray says the problem has grown exponentially and federal and state help is unlikely. He wants voters to support a proposed ballot initiative that would increase property taxes to raise $275 million over five years for homeless services - almost doubling what Seattle spends each year. Supporters say current resources haven't been enough to stem the rising tide of people on the streets, and the proposed levy will provide more housing for those who need it most. 'This is a city that's not going to wait for a dysfunctional federal government to show up and do something - because lives are being lost,' Murray said at a recent news conference. The mayor, who is up for re-election, would be on the same ballot as the tax initiative if backers gather enough signatures to qualify it for the August election. City voters have approved three property tax increases in as many years to pay for affordable housing, preschools and buses, on top of other taxes, and some say the higher bills are pricing out working- and middle-class families. Others are demanding accountability.
  • Democrats used rules on the Senate Judiciary Committee on Monday to force a one week delay in a vote on the nomination of Neil Gorsuch for the U.S. Supreme Court, as Democratic opponents sent mixed signals on whether or not they would lead an all-out filibuster against President Donald Trump’s Supreme Court nominee. The delay by Democrats – which they can do only once before the Judiciary Committee – also included two other top nominations by President Trump to the Justice Department. All three of those nominees are expected to gain committee approval next week. BREAKING: Democrats force one-week delay in committee vote on Supreme Court nominee, choice still on track with GOP support. — AP Politics (@AP_Politics) March 27, 2017
  • Democrats used rules on the Senate Judiciary Committee on Monday to force a one week delay in a vote on the nomination of Neil Gorsuch for the U.S. Supreme Court, as Democratic opponents sent mixed signals on whether or not they would lead an all-out filibuster against President Donald Trump’s Supreme Court nominee. The delay by Democrats – which they can do only once before the Judiciary Committee – also included two other top nominations by President Trump to the Justice Department. All three of those nominees are expected to gain committee approval next week – from there, it is on to the Senate floor. BREAKING: Democrats force one-week delay in committee vote on Supreme Court nominee, choice still on track with GOP support. — AP Politics (@AP_Politics) March 27, 2017 For now, a number of Democrats are making clear that they will try to block the Gorsuch nomination, once it reaches the U.S. Senate floor – but it’s not clear if all Democrats will join that move. “As of now I do not believe I can support Judge Gorsuch,” said Sen. Patrick Leahy (D-VT), a former chairman of the Senate Judiciary panel. But Leahy left himself some wiggle room on a filibuster. I am never inclined to filibuster a SCOTUS nom. But I need to see how Judge Gorsuch answers my written Qs, under oath, before deciding. — Sen. Patrick Leahy (@SenatorLeahy) March 27, 2017 Democrats are still angry about Republicans blocking action last year on President Barack Obama’s nomination of Merrick Garland for the U.S. Supreme Court. If they stick together, they could deny the GOP 60 votes on the floor of the Senate, and bottle up the Gorsuch nomination. Some in the GOP have threatened to “go nuclear” and change the Senate rules to get rid of the 60 vote threshold for Supreme Court nominees, as has been done for all other Presidential nominees.
  • A 22-year-old Tecumseh police officer has died after being shot. The department confirmed Officer Justin Terney died from his injuries at the hospital. It was Officer Terney’s first year on the job. We’re told Officer Terney tried to subdue the suspect with a Taser. Gunfire was then exchanged. Officer Terney and the suspect were hit. The condition of the suspect is unknown.
  •   Six people were shot early Monday in a Florida neighborhood, the Sanford Police Department said. The shooting was reported shortly before 6:30 a.m. at a home on Hays Drive in Sanford, police said. >> Read more trending news Investigators said a gunman went to the home of someone he knows and shot two adults, an 8-year-old boy and a 7-year-old boy. One adult died. The other adult and the two children were taken to a hospital in critical condition, investigators said. Detectives said the gunman then fled the home and randomly shot two bystanders in the roadway, critically wounding them both. An officer who was in the area was able to subdue the gunman, who was arrested, police said. Follow Sanford Police ✔@SanfordPolice #Breaking Shooting incident involving multiple victims on Hays Dr. PIO enroute. Media staging on Hays Dr 6:34 AM - 27 Mar 2017   2929 Retweets   1010 likes Authorities did not immediately identify the victims or the suspected gunman. Investigators said the initial shooting appeared to be domestic in nature. No other details were given.