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Bill > A09053


NY A09053

NY A09053
Provides that the department of taxation and finance shall be permitted to share with the office of the state comptroller a person's address, based on such person's most recently filed tax return, for the purpose of returning unclaimed funds to such person.


summary

Introduced
09/05/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to permitting the department of taxation and finance to share a person's address with the office of the state comptroller for the purpose of returning unclaimed funds

AI Summary

This bill amends the New York State tax law to allow the Department of Taxation and Finance to share a taxpayer's address, as recorded on their most recent tax return, with the Office of the State Comptroller. The purpose of this information sharing is to help the Comptroller more efficiently return unclaimed funds to the rightful owner. Currently, laws may restrict the sharing of personal information between government agencies, but this bill creates a specific exception to enable a more streamlined process for reuniting individuals with money that belongs to them. By permitting this targeted data exchange, the bill aims to improve the efficiency of returning unclaimed funds and potentially help more New York residents recover money that might otherwise go unclaimed. The bill would take effect immediately upon passage.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

referred to ways and means (on 01/07/2026)

bill text


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