Bill

Bill > S05923


NY S05923

NY S05923
Exempts COVID-19 stimulus relief for individuals and families with children from money judgments; provides that in services of notices, forms, and procedures for claims of exemptions that a restraining notice or notice of levy by execution issued against a bank account shall have language to inform the holder of such account that funds for COVID-19 stimulus relief for individuals and families with children are exempt and cannot be taken.


summary

Introduced
03/23/2021
In Committee
03/23/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Exempts COVID-19 stimulus relief for individuals and families with children from money judgments; provides that in services of notices, forms, and procedures for claims of exemptions that a restraining notice or notice of levy by execution issued against a bank account shall have language to inform the holder of such account that funds for COVID-19 stimulus relief for individuals and families with children are exempt and cannot be taken.

AI Summary

This bill exempts COVID-19 stimulus relief for individuals and families with children from money judgments. It also requires that restraining notices or notices of levy by execution issued against a bank account include language informing the account holder that funds for COVID-19 stimulus relief are exempt and cannot be taken. The bill amends various sections of the Civil Practice Law and Rules, Banking Law, and Debtor and Creditor Law to enact these protections for COVID-19 stimulus relief payments.

Committee Categories

Justice

Sponsors (15)

Last Action

SUBSTITUTED BY A6617A (on 04/28/2021)

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