§ 8981 State Warrant Holding Rules

• •The government keeps warrants (like special money promises) until they are paid.
• •If the warrants are not sold or traded, the Department of Finance holds onto them.
• •This rule was added a long time ago, in 1943.

Imagine you have a gift card from the government that they owe you money on.

The government will keep that gift card safe until they pay you the money, unless you sell it or give it to someone else.