Attention Holders: The Ill. State Treasurer’s Office is holding conferences for companies, organizations, and entities holding unclaimed property. These will educate, inform, and answer any questions by holders of property owed to other businesses or individuals. There is no cost to attend. For more information, click here.

Please note: Online reporting is now available.
Online reporting is now an option for Illinois unclaimed property filers. After registering, holders can file reports with nothing to report (NTR) and reports with property. The process makes reporting completely paperless if you pay using ACH. For reports with property, holders will need to create a data file in the NAUPA standard for upload to our secure FTP site. The HRS Pro program is provided for creation of these files. To begin the Online reporting process, click here.

Any for-profit and not-for-profit business entities that conduct business in Illinois are required to report unclaimed property on an annual basis. If you believe your firm is not holding unclaimed property, the state requires you to file a negative report.

All business associations, utilities and life insurance corporations are required to file reports May 1 of each year. The report should reflect one year of account activity five years prior to the last calendar year. Example: if your report is due May 1, 2012, your report will cover activity from Jan. 1, 2006 through Dec. 31, 2006.

All banking and financial organizations, insurance companies (other than life insurance corporations) and governmental entities are required to file November 1 of each year. The report should reflect account activity for the one-year period five years prior to June 30 of the report year. Example: If your report is due Nov. 1, 2011, your report will cover activity from July 1, 2005, through June 30, 2006. Governmental agencies should use an abandonment period of seven years. Example: If your report is due Nov. 1, 2011, your report will cover activity from July 1, 2003 through June 30, 2004.

Examinations are scheduled when the Treasurer’s Office suspects a holder failed to report property as required by law. The examinations are conducted in compliance with Sections 23, 24.5 and 11.5 of the Uniform Disposition of Unclaimed Property Act and Section 180.90 of the Unclaimed Property Administrative Rules.

Unclaimed Property Act

Unclaimed Property Rules (PDF)

Voluntary Disclosure Agreement (VDA)

As of June 2008, the Unclaimed Property Division has instituted a Voluntary Disclosure Agreement (VDA) program for unclaimed property holders who have compliance issues from prior periods which they would like to rectify.  The VDA is designed to bring holders into compliance with the Illinois Uniform Disposition of Unclaimed Property Act.  In exchange for voluntary compliance through an executed VDA the Treasurer’s Office will agree to forgo the right to assess penalties and interest outlined in the Act.

To participate in the program a holder must:

• Not be under examination by the Treasurer’s Office or an agent of the Treasurer’s Office.
• Conduct a self audit and remit findings within six months of the execution of the agreement.
• Be able to provide supporting documentation for any estimation techniques used.
• Be able to accept the agreement without modification.

To initiate the VDA process, send a signed VDA agreement to the Treasurer's Unclaimed Property Division. Upon receipt, the agreement will be reviewed by the Treasurer's Office.  For agreements that are accepted, a signed copy will be returned to the holder.  A completed report filed on form UPD601 (available below in the Holder Reporting Packet section) is due within six months from the date the Unclaimed Property Director signs the agreement.

VDA Agreement (PDF fill-in form)
VDA Media Release

Holder Reporting Packet
This packet is intended for the use of first time filers or holders who have misplaced or lost the mailed reporting form(s). New holders will automatically be added to the mailing list and will receive future reporting forms and instructions by mail.

Holder Packet (UPD601) (PDF fill-in form)

UPD602 (PDF fill-in form)
ACH Transfer Instructions. Holders may remit their payment via ACH transfer. To receive Illinois’ ACH Transfer instructions email your request to UP_Report@treasurer.state.il.us or call (217)524-0023. The instructions will be faxed to you.

Instructions for Filing the Annual Report of Unclaimed Property

Filing Annual Report - May 2012 (PDF)
Reporting Safe Deposit Boxes (PDF)
Form UPD206 - S/D Detail Sheet (PDF fill-in form)

Online reporting

Software for Electronic Reporting (HRS PRO)

Holder Request for Reimbursement Form (PDF fill-in form)

Examinations (PDF)

File format for Filing the Annual Report of Unclaimed Property on Diskette/CD or Tape (PDF)

Extension Request Information (PDF)

To reduce your possibility of being selected for a compliance examination a holder should:

• File your report annually. Even if you have no property to report, file a "negative" report as required by the Administrative Rules.
• Make sure your report and remittance balance. Use the Treasurer's forms and formats when possible and make sure that the report is legible.
• Make sure that your report gives complete owner information/detail.
• Report all types of property that you may have. Reporting of certain types of property and non-reporting of other types causes us to look closely at your reporting history.
• Make sure to perform your due diligence as required by the Act. Contact owners at their last known address and have them reactivate accounts, cash dividend checks, etc. If contact cannot be established, remit the property.

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