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Ohio’s Unclaimed Funds Claims Surge 83% After Budget Redirects $1.7B to Browns Stadium

A class-action suit challenges the plan’s legality before the scheduled January 1, 2026 transfer

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Overview

  • The Ohio Department of Commerce registered 153,561 new claims between June 30 and July 6, representing an 83% rise over previous periods.
  • State lawmakers allocated $1.7 billion—20% of dormant unclaimed assets—to finance a new Cleveland Browns stadium and related facilities.
  • Plaintiffs filed a class-action complaint on July 7 alleging the diversion violates due process and property protections, and the case is nearing class certification.
  • Visits to Ohio’s unclaimed funds portal doubled from May to June as residents rushed to recover idle assets.
  • Officials insist the transfer will draw only funds inactive for over ten years and pledge to honor all valid claims submitted before January 1, 2026.