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Bill > A04970


NY A04970

NY A04970
Relates to asset forfeiture.


summary

Introduced
02/09/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the civil practice law and rules, in relation to asset forfeiture

AI Summary

This bill amends the Civil Practice Law and Rules to modify how monies realized through asset forfeiture are distributed. The key provisions are: (1) 40% of remaining forfeiture proceeds will go to the Chemical Dependence Service Fund, (2) 15% of remaining proceeds will go to the claiming authority to cover investigation, preparation, and litigation costs, and (3) 5% of remaining proceeds will go to the claiming authority for costs incurred in protecting, maintaining, and forfeiting the property.

Committee Categories

Housing and Urban Affairs

Sponsors (4)

Last Action

referred to codes (on 01/05/2022)

bill text


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