Illinois State Treasurer Michael Frerichs said his office has distributed a record $200 million in unclaimed cash to Illinois residents in the last 10 months.

A $15-an-hour minimum wage is headed to Gov. J.B. Pritzker after the Illinois House approved the six-year plan. Thursday's 69-47 vote in the House almost guarantees it will become law. The measure passed the Illinois Senate last week, on a vote of 39 to 18.

The new 'Money Match' program will automatically return unclaimed assetts such as life insurance proceeds, forgotten bank accounts or other benefits, to an individual taxpayer. State Treasurer Michael Frerichs said taxpayer records from the Illinois Department of Revenue will now be matched with the unclaimed property program so that residents who are owed less than $2,000 will receive a check in the mail without having to file a claim with the state. 

Governor Bruce Rauner defended his amendatory veto of the Illinois Secure Choice retirement savings plan, during a visit to the University of Illinois to sign legislation on Thursday.

Beginning in 2018, insurance companies must become more diligent in notifying beneficiaries of life insurance policies.