Press Releases
| 03-08-2010 |
Treasurer Clint Zweifel announces $10 million small business and farm investment in northwest Missouri State Treasurer Clint Zweifel (ZWY-ful) was in St. Joseph today to announce that since January 2009 his administration had made more than $10 million in low-interest loans to farms and small businesses in northwest Missouri. While at a stop at FCS Financial, Treasurer Zweifel said 126 loans had been made impacting 71 jobs and 106 farmers in the region. Borrowers in the region will save an estimated $152,000 in interest annually using loans made through the Missouri Linked Deposit Program. “I have been traveling our state, and one thing I hear consistently is that Missourians need jobs right now and we need to position this state for long-term success. This is happening, and it is being done in a fiscally-responsibly manner right here in northwest Missouri,” Treasurer Zweifel said. “Farmers and small businesses are savings thousands of dollars and they are putting it to work immediately. These low-interest loans cost taxpayers nothing, and they allow us as a state to put tools in place for farms and small businesses to thrive.” [ Read More ] |
| 03-04-2010 |
Bill protecting unclaimed military medals passes House 153-0 The Missouri House gave unanimous support today to a bill that will ensure the protection of unclaimed military medals in Missouri. HB 1745 is known as the Veterans Medals Bill and was developed by State Treasurer Clint Zweifel (ZWY-ful). The bill ensures veterans’ medals held by Unclaimed Property in Treasurer Zweifel’s office will never be auctioned or sold. Treasurer Zweifel established the administrative policy that lead to HB 1745 upon taking office. “I applaud the House and thank Rep. Day for his sponsorship of this measure that recognizes the significant meaning military medals hold for recipients and heirs,” Treasurer Zweifel said. “Servicemen and women deserve to know we will ensure their medals are safe under all circumstance once they enter Unclaimed Property, no matter who is State Treasurer.” [ Read More ] |
| 03-04-2010 |
Treasurer Zweifel and Attorney General Koster announce $303,000 settlement with Sprint State Treasurer Clint Zweifel (ZWY-ful)and Attorney General Chris Koster announced today they had reached a $303,000 settlement in a lawsuit against Sprint over uncashed and unclaimed rebate checks. Treasurer Zweifel said his office had already added more than 3,600 Missourians affected by the lawsuit to ShowMeMoney.com. Thirty-six states signed on to the $22 million settlement. As a result, thousands of people will be able to claim their rebate checks and put money back in their pockets. The suit centered on whether uncashed rebate checks are reportable under Missouri’s Unclaimed Property laws and, if so, who is the proper party to report them to Treasurer Zweifel’s office. [ Read More ] |
| 02-24-2010 |
Treasurer Clint Zweifel headlines House Democrats “Road to the Majority” tour in northeast and central Missouri St. Louis - The Missouri House Democrats will continue their “Road to the Majority” Tour in northeast and central Missouri on Friday, February 26, and Saturday, February 27. State Treasurer Clint Zweifel (ZWY-ful) will headline events in Troy, Louisiana, Hannibal, Kirksville, Macon and Columbia. "We have a strong field of Democrats running in 2010 who understand the need for innovative and fiscally-responsible solutions to move Missouri’s economy forward,” Treasurer Zweifel said. “They understand we need to provide small businesses and farms right here in Missouri with the tools they need to succeed and provide quality jobs that put food on the table for Missouri families.” The grassroots fundraising tour will highlight local candidates for the state legislature. [ Read More ] |
| 01-28-2010 |
Treasurer Clint Zweifel announces $39 million investment in southeast Missouri impacting 662 jobs and 112 farmers State Treasurer Clint Zweifel (ZWY-ful) announced today that since January 2009 his administration had loaned more than $39 million to farms and small businesses in the southeast region of Missouri. All told, the loans issued through the Missouri Linked Deposit Program impacted 662 jobs and 112 farmers. The loan program saved borrowers about $663,000 in annual interest costs. “Missouri Linked Deposit Program loans save borrowers about 30 percent on the cost of capital at a critical time. This is money they are able to reinvest in their businesses or farms by hiring more people and reinvesting in their operation,” Treasurer Zweifel said. “This low-interest loan program costs Missouri taxpayers nothing. It is simply a responsible way to put Missourians back to work and reduce the cost of credit for farms and small businesses.” [ Read More ] |
News Clips
| 03-09-2010 |
St. Joseph News-Press: Zweifel announces low-interest loans
Missouri State Treasurer Clint Zweifel visited St. Joseph Monday to announce around $10 million in low-interest loans made by his administration to farms and small businesses in Northwest Missouri. The loans were issued through the Missouri Linked Deposit Program, starting in January 2009. “This is exactly, in my opinion, the smart, responsible types of investments that we have to make in Missouri,” Mr. Zweifel said. [ Read More ] |
| 03-04-2010 |
KRCG 13: House passes bill protecting unclaimed medals
The Missouri House unanimously passed a bill Thursday that will ensure the protection of unclaimed military medals in Missouri. The Veterans’ Medals Bill, developed by State Treasurer Clint Zweifel and sponsored by Rep. David Day, ensures that veteran’s medals held by Unclaimed Property at the Treasurer’s Office will never be auctioned or sold. “Servicemen and women deserve to know we will ensure their medals are safe under all circumstance once they enter Unclaimed Property, no matter who is State Treasurer,” Zweifel said in a statement. The Veterans’ Medals Bill also allows for a custodian of the military medals until the owner or the beneficiary can be located. This provision grants the opportunity to share the medals with veterans’ organizations. There are currently 94 military medals in Unclaimed Property. [ Read More ] |
| 03-04-2010 |
Springfield Business Journal: State reaches rebate-check settlement with Sprint
The state of Missouri and Sprint reached a settlement in a lawsuit regarding the ownership of unclaimed and uncashed rebate checks, according to an announcement Thursday from State Treasurer Clint Zweifel and Attorney General Chris Koster. The suit, which was settled for $303,000, centered on whether uncashed rebate checks must be reported under the state’s unclaimed property laws, and who should report them to the treasurer’s office. The company reached agreement with 36 states, totaling $22 million. "The law requires companies to report abandoned property to my office each year,” Zweifel said in the release. “We argued that rebate checks become unclaimed property under Missouri law if they go uncashed for five years, the same way that stocks and bonds become unclaimed property." [ Read More ] |
| 02-27-2010 |
KTVO-ABC in Kirksville: Do you have any unclaimed money?
KIRKSVILLE, MO -- Treasurer Clint Zweifel was in Kirksville on Saturday marketing the Missouri House Democrats “Road to the Majority Tour” in northeast Missouri. Zweifel said Missouri has a strong field of democrats running in 2010 who understand the need for innovative and fiscally responsible solutions to move Missouri’s economy. While campaigning, Zweifel talked about his office and their unclaimed property program. As of January 2010, the Sate Treasure’s office was holding more than $600 million in unclaimed assets in more than 3.5 million owner accounts. Zweifel said the average return is $360 and 1 in 10 Missourians has unclaimed property. [ Read More ] |
| 02-27-2010 |
KHQA-ABC in Hannibal: Missouri House democrats tour the state
HANNIBAL, MO. — Missouri State Treasurer Clint Zweifel {zwy-ful} was in Hannibal Saturday morning to promote jobs across the state. It was part of Missouri House Democrats "Road to the Majority" tour. That’s a grassroots fundraiser that highlights local candidates for state legislature. Zweifel stressed the importance for both republicans and democrats working together to get things done. He says when that happens, tax payers see real results. "When you’re able to see what small business face every single day, what farmers face every single day, this is a great time for Missouri to step up, make some smart investments to really benefit those businesses so that they can survive during the tough times," said Clint Zweifel. [ Read More ] |
