West Virginia

W.VA. State Treasurer talks about three issues the office has been focusing on


West Virginia State Treasurer Riley Moore stopped by WTAP to discuss three issues his office has focused on.

First, Treasurer Moore talked about an increase in unclaimed property.

Moore said the Treasurer’s Office saw a record-breaking month of unclaimed property in which a total of $5.3 million was returned.

He says the high numbers are due to modernization steps his office has taken through legislation and the State Treasurer’s new Cash Now program.

Moore encourages everyone to go to the unclaimed real estate website wvtreasury.com and search for your name.

“So if you get a check from me, it’s real. Cash this check. Don’t send it back to us. I promise you it will be clear. It’s not a scam. Sometimes we get that question.”

State Treasurer Moore also shared his thoughts on the Supreme Court’s finding that the Hope Scholarship was constitutional after he was sued over the program.

Moore described the Hope Scholarship as an educational savings account. He said it allows families and students to take their share of state tax dollars and use it as they see fit, including attending private schools or home schooling.

“This is educational choice and freedom at its finest in the state of WV. So we’re excited to give Mountaineers a little freedom with this program. I think there will be great results for families and students who choose to use it.”

Moore emphasized the idea of ​​educational choice.

“We exist as West Virginians’ educational choice. Some people may wish to have a Christian upbringing. It allows them to take their tax dollars, it’s their money, and use those dollars to raise their children in the way they see best. Same on the homeschool front. These dollars can help individuals who have chosen this path. And safe out where I am in the eastern panhandle. We have a lot of homeschool families and they’ve done pretty well. But they pay taxes. It’s her money. So why not let them use it to educate their children?”

The final problem was what Moore calls a proposed “scheme” by credit card companies tracking gun and ammunition sales.

Moore relates this to what he calls awakened capitalism.

“It’s a government issue. We need to get smart politics and capitalism out of the financial sector. And they only have to focus on profits and not on guns and ammunition.”

He said credit card companies are rolling out a new code that tracks when someone buys guns and ammo.

He called it unconstitutional.

“These are private entities, not the government requesting this type of information because something shameful is going on. They follow everyone. And I think it violates the rights of individuals because it has a deterrent effect when individuals want to buy guns and ammunition, which is legal. It is protected by the United States Constitution. We have a right of second amendment in this country and in this state. So we will fight to keep that going.”

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