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NY A03971
Bill
Status
1/30/2013
Primary Sponsor
Gary Pretlow
Click for details
AI Summary
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Requires all forfeited monies and proceeds from forfeited property to be deposited into and disbursed from an asset forfeiture escrow fund established by municipalities under General Municipal Law Section 6-T, rather than being controlled by individual claiming agents.
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Mandates that each municipality's governing board establish a separate asset forfeiture escrow fund with its own bank account, with the chief fiscal officer responsible for deposits, investments, and reporting.
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Requires the chief fiscal officer to render detailed annual reports to the governing board and state comptroller on the fund's operation and condition, subject to examination and audit.
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Specifies that all claim payments from the asset forfeiture escrow fund must include written certification that expenditures comply with applicable laws and be approved by the chief fiscal officer upon verification of fund sufficiency.
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Requires district attorneys and claiming authorities to pay all forfeited monies and property proceeds to the county treasurer within thirty days and file verified statements with the county clerk and state comptroller.
Legislative Description
Provides for greater accountability for seized assets by authorizing and directing the chief fiscal officer of a city, town, village or county to establish an asset forfeiture escrow fund to be separately maintained; requires that monies and proceeds from the sale of property realized as a consequence of any forfeiture distributed to the district attorney, sheriff or other claiming agent of any county, town, city and village of which the claiming agent is a part, shall be deposited to such fund.
Last Action
reported referred to rules
6/19/2014