STATE OF NEW YORK
________________________________________________________________________
4421--A
Cal. No. 571
2009-2010 Regular Sessions
IN SENATE
April 23, 2009
___________
Introduced by Sen. O. JOHNSON -- read twice and ordered printed, and
when printed to be committed to the Committee on Judiciary -- recom-
mitted to the Committee on Judiciary in accordance with Senate Rule 6,
sec. 8 -- reported favorably from said committee, ordered to first and
second report, amended on second report, ordered to a third reading,
and to be reprinted as amended, retaining its place in the order of
third reading
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:
1 Section 1. Subdivision 1 of section 1301 of the surrogate's court
2 procedure act, as amended by chapter 300 of the laws of 2008, is amended
3 to read as follows:
4 1. A small estate is the estate of a domiciliary or a non-domiciliary
5 who dies leaving personal property having a gross value of [$30,000]
6 $100,000 or less exclusive of property required to be set off under EPTL
7 5-3.1 (a) (1), (2), (3), (4) and (5).
8 § 2. This act shall take effect January 1, 2011.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD06098-02-0
