S T A T E O F N E W Y O R K
2009-2010 Regular Sessions
I N S E N A T E
April 23, 2009
Introduced by Sen. O. JOHNSON -- read twice and ordered printed, and
when printed to be committed to the Committee on Judiciary
AN ACT to amend the surrogate's court procedure act, in relation to
increasing the value of a small estate
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 1 of section 1301 of the surrogate's court
procedure act, as amended by chapter 300 of the laws of 2008, is amended
to read as follows:
1. A small estate is the estate of a domiciliary or a non-domiciliary
who dies leaving personal property having a gross value of [$30,000]
$100,000 or less exclusive of property required to be set off under EPTL
5-3.1 (a) (1), (2), (3), (4) and (5).
S 2. This act shall take effect January 1, 2010.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.