•  Summary 
  •  Actions 
  •  Committee Votes 
  •  Floor Votes 
  •  Memo 
  •  Text 
  •  LFIN 
  •  Chamber Video/Transcript 

S02508 Summary:

Amd §1402, Ab Prop L; amd §103, St Tech L
Relates to the publication by the state of the receipt of unclaimed funds.
Go to top    

S02508 Actions:

Go to top

S02508 Text:

                STATE OF NEW YORK
                               2023-2024 Regular Sessions
                    IN SENATE
                                    January 23, 2023
        Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
          printed to be committed to the Committee on Finance
        AN ACT to amend the abandoned property law and the state technology law,
          in relation to unclaimed funds
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section 1. Paragraph (b) of subdivision 1 of section 1402 of the aban-
     2  doned  property  law is relettered paragraph (c) and a new paragraph (b)
     3  is added to read as follows:
     4    (b) In addition to the list required by paragraph (a) of this subdivi-
     5  sion, each September and March, the state comptroller shall publish in a
     6  newspaper, as provided by section one thousand four hundred ten of  this
     7  article,  a  statement  of  abandoned  property  paid to and held by the
     8  state, for the respective annual periods June  first,  through  November
     9  thirtieth  and December first, through May thirty-first.  Each and every
    10  time the comptroller publishes such a statement, he or she shall include
    11  a notice that readers may obtain a large print  copy  of  the  unclaimed
    12  funds  list  by  writing  the  comptroller's  office  or  have  a search
    13  conducted for them by calling a  designated  number.  This  notice  must
    14  appear  in  typeface  and  font-size  established  by the New York state
    15  office for technology to assist the visually impaired  and  include  the
    16  phone  number  and  mailing  address to the New York state office of the
    17  state comptroller, office of unclaimed funds.
    18    § 2. Section 103 of the state technology law is amended  by  adding  a
    19  new subdivision 23 to read as follows:
    20    23.  To  consult  with  the commission on the blind and visually hand-
    21  icapped to develop and maintain accessibility standards for typeface and
    22  font size to assist the visually impaired.
    23    § 3. This act shall take effect on the sixtieth  day  after  it  shall
    24  have become a law.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
Go to top