senate Bill S7604

Signed By Governor
2015-2016 Legislative Session

Relates to the administration of digital assets

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A9910 - Signed by Governor


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor

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Actions

view actions (12)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Sep 29, 2016 signed chap.354
Sep 20, 2016 delivered to governor
Jun 09, 2016 returned to assembly
passed senate
3rd reading cal.1132
substituted for s7604a
Jun 09, 2016 substituted by a9910a
Jun 01, 2016 advanced to third reading
May 25, 2016 2nd report cal.
amended 7604a
May 24, 2016 1st report cal.1132
May 11, 2016 referred to judiciary

S7604 - Details

See Assembly Version of this Bill:
A9910
Law Section:
Estates, Powers and Trusts Law
Laws Affected:
Add Art 13-A §§13-A-1 - 13-A-5.2, EPT L

S7604 - Summary

Provides for the administration of digital assets; defines terms; authorizes a user to use an online tool to direct the custodian to disclose or not to disclose some or all of the user's digital assets, including the content of electronic communications; provides that this article does not impair the rights of a custodian or a user under a terms-of-service agreement to access and use digital assets of the user (view more) provides for a procedure for disclosing digital assets; makes related provisions.

S7604 - Sponsor Memo

S7604 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7604

                            I N  S E N A T E

                              May 11, 2016
                               ___________

Introduced  by Sen. BONACIC -- (at request of the Office of Court Admin-
  istration) -- read twice and ordered printed, and when printed  to  be
  committed to the Committee on Judiciary

AN  ACT  to amend the estates, powers and trusts law, in relation to the
  administration of digital assets

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  The estates, powers and trusts law is amended by adding a
new article 13-A to read as follows:
                              ARTICLE 13-A
                    ADMINISTRATION OF DIGITAL ASSETS
                           SUMMARY OF ARTICLE

                           PART 1. DEFINITIONS
SECTION 13-A-1 DEFINITIONS.

    PART 2. APPLICABILITY, PROCEDURE FOR DISCLOSURE, USER DIRECTIONS
SECTION 13-A-2.1 APPLICABILITY.
        13-A-2.2 USER DIRECTION FOR DISCLOSURE OF DIGITAL ASSETS.
        13-A-2.3 TERMS-OF-SERVICE AGREEMENT.
        13-A-2.4 PROCEDURE FOR DISCLOSING DIGITAL ASSETS.

                PART 3. DISCLOSURE OF DIGITAL ASSETS TO FIDUCIARY
SECTION 13-A-3.1 DISCLOSURE OF CONTENT OF ELECTRONIC  COMMUNICATIONS  OF
                   DECEASED USER.
        13-A-3.2 DISCLOSURE OF OTHER DIGITAL ASSETS OF DECEASED USER.
        13-A-3.3 DISCLOSURE  OF  CONTENT OF ELECTRONIC COMMUNICATIONS OF
                   PRINCIPAL.
        13-A-3.4 DISCLOSURE OF OTHER DIGITAL ASSETS OF PRINCIPAL.
        13-A-3.5 DISCLOSURE OF DIGITAL ASSETS HELD IN TRUST WHEN TRUSTEE
                   IS ORIGINAL USER.
        13-A-3.6 DISCLOSURE OF  CONTENTS  OF  ELECTRONIC  COMMUNICATIONS
                   HELD IN TRUST WHEN TRUSTEE NOT ORIGINAL USER.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14544-01-6

S7604A (ACTIVE) - Details

See Assembly Version of this Bill:
A9910
Law Section:
Estates, Powers and Trusts Law
Laws Affected:
Add Art 13-A §§13-A-1 - 13-A-5.2, EPT L

S7604A (ACTIVE) - Summary

Provides for the administration of digital assets; defines terms; authorizes a user to use an online tool to direct the custodian to disclose or not to disclose some or all of the user's digital assets, including the content of electronic communications; provides that this article does not impair the rights of a custodian or a user under a terms-of-service agreement to access and use digital assets of the user (view more) provides for a procedure for disclosing digital assets; makes related provisions.

S7604A (ACTIVE) - Sponsor Memo

S7604A (ACTIVE) - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 7604--A
    Cal. No. 1132

                            I N  S E N A T E

                              May 11, 2016
                               ___________

Introduced  by Sen. BONACIC -- (at request of the Office of Court Admin-
  istration) -- read twice and ordered printed, and when printed  to  be
  committed  to  the  Committee  on Judiciary -- reported favorably from
  said committee, ordered to first  report,  amended  on  first  report,
  ordered  to a second report and ordered reprinted, retaining its place
  in the order of second report

AN ACT to amend the estates, powers and trusts law, in relation  to  the
  administration of digital assets

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The estates, powers and trusts law is amended by  adding  a
new article 13-A to read as follows:
                              ARTICLE 13-A
                    ADMINISTRATION OF DIGITAL ASSETS
                           SUMMARY OF ARTICLE

                           PART 1. DEFINITIONS
SECTION 13-A-1 DEFINITIONS.

    PART 2. APPLICABILITY, PROCEDURE FOR DISCLOSURE, USER DIRECTIONS
SECTION 13-A-2.1 APPLICABILITY.
        13-A-2.2 USER DIRECTION FOR DISCLOSURE OF DIGITAL ASSETS.
        13-A-2.3 TERMS-OF-SERVICE AGREEMENT.
        13-A-2.4 PROCEDURE FOR DISCLOSING DIGITAL ASSETS.

                PART 3. DISCLOSURE OF DIGITAL ASSETS TO FIDUCIARY
SECTION 13-A-3.1 DISCLOSURE  OF  CONTENT OF ELECTRONIC COMMUNICATIONS OF
                   DECEASED USER.
        13-A-3.2 DISCLOSURE OF OTHER DIGITAL ASSETS OF DECEASED USER.
        13-A-3.3 DISCLOSURE OF CONTENT OF ELECTRONIC  COMMUNICATIONS  OF
                   PRINCIPAL.
        13-A-3.4 DISCLOSURE OF OTHER DIGITAL ASSETS OF PRINCIPAL.
        13-A-3.5 DISCLOSURE OF DIGITAL ASSETS HELD IN TRUST WHEN TRUSTEE
                   IS ORIGINAL USER.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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