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NY S08994
Bill
Status
6/12/2018
Primary Sponsor
Terrence Murphy
Click for details
AI Summary
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Requires support collection units to transfer unclaimed child support and spousal support funds to the state comptroller after two years of diligent efforts to locate the recipient, unless information indicates the person can still be found.
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Allows immediate transfer to the state comptroller of unidentified payments where the remitter did not provide sufficient information to match funds to an existing child support account, even without the two-year waiting period.
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Mandates that all such transfers to the state comptroller occur by April 10th annually and must be accompanied by a written report under penalty of perjury listing recipient names, last known addresses, and other identifying information.
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Classifies unclaimed child and spousal support transferred to the state comptroller as abandoned property under New York law.
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Requires funds previously deposited with county treasurers or the New York City Commissioner of Finance to be transferred to the state comptroller by the first April following the bill's effective date.
Legislative Description
Provides that any funds paid to a support collection unit which have not been disbursed after two years after diligent efforts to locate the person entitled to such funds, and funds which the remitter of such funds has not provided sufficient identifying information to associate the funds with an existing account shall be paid to the state comptroller.
Last Action
PRINT NUMBER 8994A
6/19/2018