assembly Bill A7425

Signed By Governor
2021-2022 Legislative Session

Creates an alternate method of compromising an award issued by the September 11th Victim Compensation Fund ("VCF")

download bill text pdf

Sponsored By

Current Bill Status - 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 (15)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Sep 09, 2022 signed chap.557
Sep 08, 2022 delivered to governor
May 25, 2022 returned to assembly
passed senate
3rd reading cal.1180
substituted for s6810
May 16, 2022 referred to judiciary
delivered to senate
passed assembly
ordered to third reading rules cal.195
rules report cal.195
reported
May 10, 2022 reported referred to rules
Jan 05, 2022 referred to judiciary
May 07, 2021 referred to judiciary

Co-Sponsors

A7425 (ACTIVE) - Details

See Senate Version of this Bill:
S6810
Law Section:
Estates, Powers and Trusts Law
Laws Affected:
Amd §5-4.6, EPT L

A7425 (ACTIVE) - Summary

Provides that in the case of recovery of an award from the September 11th victim compensation fund consisting solely of non-economic losses, a personal representative may file a consent to the adequacy of the award by all interested parties in lieu of a compromise proceeding.

A7425 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7425
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                May 7, 2021
                                ___________
 
 Introduced by M. of A. ABBATE -- read once and referred to the Committee
   on Judiciary
 
 AN  ACT  to  amend  the  estates,  powers and trusts law, in relation to
   creating an alternative method to compromising an award issued by  the
   September 11th Victim Compensation Fund ("VCF")

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 5-4.6 of the estates,  powers  and  trusts  law  is
 amended by adding a new paragraph (g) to read as follows:
   (G)  IN THE CASE OF A RECOVERY OF AN AWARD FROM THE SEPTEMBER ELEVENTH
 VICTIM COMPENSATION FUND OF TWO THOUSAND  ONE  ESTABLISHED  PURSUANT  TO
 TITLE  IV OF THE FEDERAL AIR TRANSPORTATION SAFETY AND SYSTEM STABILIZA-
 TION ACT, PUBLIC LAW 107-42, AS AMENDED, WHERE THE AWARD CONSISTS SOLELY
 OF NON-ECONOMIC LOSSES (FUNERAL EXPENSE REIMBURSEMENT BEING INCLUDED  AS
 NON-ECONOMIC LOSSES HEREIN) A PERSONAL REPRESENTATIVE MAY FILE A CONSENT
 TO  THE  ADEQUACY  OF  THE  AWARD BY ALL INTERESTED PARTIES IN LIEU OF A
 COMPROMISE PROCEEDING.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11207-01-1