Assembly Bill A2827

2015-2016 Legislative Session

Increases the maximum value of a small estate from $30,000 to $100,000

download bill text pdf

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Archive: Last Bill Status - In Assembly Committee

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

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2015-A2827 (ACTIVE) - Details

Current Committee:
Assembly Judiciary
Law Section:
Surrogate's Court Procedure Act
Laws Affected:
Amd §1301, SCPA
Versions Introduced in Other Legislative Sessions:
2009-2010: A8457
2011-2012: A5527
2013-2014: A5616
2017-2018: A1367
2019-2020: A3096

2015-A2827 (ACTIVE) - Summary

Increases the maximum value of a small estate from $30,000 to $100,000.

2015-A2827 (ACTIVE) - Bill Text download pdf 

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

                                  2827

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            January 20, 2015
                               ___________

Introduced  by  M.  of  A.  ENGLEBRIGHT -- read once and referred to the
  Committee on Judiciary

AN ACT to amend the surrogate's court  procedure  act,  in  relation  to
  increasing the value of a small estate

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

  Section 1. Subdivision 1 of section  1301  of  the  surrogate's  court
procedure act, as amended by chapter 281 of the laws of 2012, is amended
to read as follows:
  1.  A small estate is the estate of a domiciliary or a non-domiciliary
who dies leaving personal property having a  gross  value  of  [$30,000]
$100,000 or less exclusive of property required to be set off under EPTL
5-3.1 (a).
  S  2. This act shall take effect on the first of January next succeed-
ing the date on which it shall have become a law.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07298-01-5

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