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S1755Senate2009-2010 SessionSame asA4460

Provides personal property that is otherwise exempt from application for satisfaction of a debt, may be applied to a debt to the state or its political subdivisions

Sponsor Eric T. SchneidermanSD-31+1 co-sponsorAffects Finance
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Who cares

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Sponsors

Primary sponsor
Eric T. Schneiderman

Senator · Senate District 31

1 Co-sponsor

History

  1. Signed chap.24
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Ordered to third reading cal.386
  6. Substituted for A4460A
  7. Referred to ways and means
  8. Delivered to assembly
  9. Passed senateVote 62–0
  10. Amended on third reading 1755a
  11. Advanced to third reading
  12. 2nd report cal.
Show 2 earlier actions
  1. 1st report cal.25
  2. Referred to codes

Companion bill

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

Title of bill

An act to amend the civil practice law and rules, in relation to restraint, execution, income execution and levy procedures

Purpose

This is a chapter amendment to Chapter 575 of the Laws of 2008 which enacted the Exempt Income Protection Act. This chapter amendment will exempt New York State, Municipal Corporations and their agencies from this act. The Act will also not apply if the debt enforced is for child support, spousal support, maintenance or alimony.

Summary of provisions

The bill would amend the Civil Practice Law and Rules to exempt New York State, Municipal Corporations and their agencies from Chapter 575 of the Laws of 2008 (the Exempt Income Protection Act). The Act will also not apply if the debt enforced is for child support, spousal support, maintenance or alimony.

Justification

This is an agreed upon chapter amendment which was requested by the Governor prior to enactment.

Legislative history

New bill.

Fiscal implications

The Executive estimates that exempting the state and municipal corporations from Chapter 575 of the Laws of 2008 will save approximately $45 million per year.

Effective date

Immediately, and deemed to have been in full force and effect on and after January 1, 2009.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.