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S3313Senate2013-2014 SessionSame asA4120

Authorizes the comptroller to pay the proceeds of the estate of Howard J. Geyer to certain persons

Sponsor Kenneth P. LaValleSD-1Affects Legal
Status
In Senate Committee
Judiciary
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Judiciary

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Sponsors

Primary sponsor
Kenneth P. LaValle

Senator · Senate District 1

Chair, Higher Education

No co-sponsors yet.

History

  1. Referred to judiciary
  2. Recommitted to rules
  3. Ordered to third reading cal.1183
  4. Committee discharged and committed to rules
  5. Referred to judiciary

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

A4120Assembly

Authorizes the comptroller to pay the proceeds of the estate of Howard J. Geyer to certain persons

In Assembly Committee · Judiciary · Sponsor Fred Thiele

Full text

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

Sponsor's memo

BILL NUMBER:S3313

Title of bill

An act in relation to authorizing the state comptroller to pay the proceeds of the estate of Howard J. Geyer to any person who can trace a familial relationship through common great-grandparents with the decedent, and providing for a kinship hearing in the surrogate's court of the county of Suffolk to determine persons entitled to such proceeds

Purpose

This legislation would allow the estate of Howard Geyer to be distributed among his distant relatives, rather than be held by the comptroller's Office of Unclaimed Funds.

Summary of provisions

This is a special act to authorize the New York State Comptroller to pay the proceeds of the estate of Howard G. Geyer to certain family members.

Justification

Howard J. Geyer died without leaving a will; as such his estate was to he distributed according to New York State law. Under current New York State Estates, Powers, and Trusts Law, the definition of a distributee is limited as someone who shares a common grandparent with the deceased. If there is no one to claim the inheritance with this familial relationship, the funds remain as abandoned property.

This legislation would authorize the New York State Comptroller to pay the net proceeds (plus any accrued interest)of Howard Geyer's estate from the Abandoned Property Fund of the State of New York to any person who can trace a familial relationship to him through common great-grandparents. Persons entitled to the proceeds of Howard Geyer's estate shall first be determined through a kinship hearing that would be conducted by the surrogate's court of the county of Suffolk.

Legislative history

2011-12: A.3733-A/S.2640-A - Passed Senate 2009: A.7288/5.5358 Veto 71 of 2009 2007-08: A.6021/S.3210 - Passed Assembly

Fiscal implications

None.

Effective date

This act shall take effect on the thirtieth day after it shall have become a law.

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