Bill Text: NY S06209 | 2009-2010 | General Assembly | Amended


Bill Title: Relates to establishing the New York state seniors trust fund and directing certain moneys to be deposited into such fund.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2010-03-12 - PRINT NUMBER 6209A [S06209 Detail]

Download: New_York-2009-S06209-Amended.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                        6209--A
                              2009-2010 Regular Sessions
                                   I N  S E N A T E
                                    October 9, 2009
                                      ___________
       Introduced by Sens. DIAZ, ADDABBO, ESPADA, HUNTLEY, PARKER -- read twice
         and ordered printed, and when printed to be committed to the Committee
         on Rules -- recommitted to the Committee on Finance in accordance with
         Senate  Rule  6, sec. 8 -- committee discharged, bill amended, ordered
         reprinted as amended and recommitted to said committee
       AN ACT to amend the state finance law, the tax law, the abandoned  prop-
         erty  law, and the civil practice law and rules, in relation to estab-
         lishing the New York state seniors trust fund  and  directing  certain
         moneys to be deposited into such fund
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The state finance law is amended by adding  a  new  section
    2  99-t to read as follows:
    3    S  99-T.  NEW YORK STATE SENIORS TRUST FUND. 1. THERE IS HEREBY ESTAB-
    4  LISHED IN THE JOINT CUSTODY OF THE STATE COMPTROLLER AND THE COMMISSION-
    5  ER OF TAXATION AND FINANCE A FUND TO BE KNOWN  AS  THE  NEW  YORK  STATE
    6  SENIORS TRUST FUND.
    7    2.  SUCH FUND SHALL CONSIST OF ALL MONEYS APPROPRIATED FOR THE PURPOSE
    8  OF SUCH FUND AND ALL MONEYS TRANSFERRED TO SUCH FUND PURSUANT TO SECTION
    9  SIX HUNDRED TWENTY-NINE-A OF THE TAX LAW.
   10    3. MONEYS OF SUCH FUND SHALL BE AVAILABLE FOR APPROPRIATION AND  ALLO-
   11  CATION  ONLY  UPON APPROVAL OF THE DIRECTOR OF THE NEW YORK STATE OFFICE
   12  FOR THE AGING, FOR ALL COSTS ASSOCIATED WITH THE  FUNDING  OF  THE  HOME
   13  DELIVERED  MEALS  PROGRAM  ADMINISTERED BY THE NEW YORK STATE OFFICE FOR
   14  THE AGING.
   15    4. THE MONEYS OF THE FUND SHALL BE PAID OUT ON THE AUDIT  AND  WARRANT
   16  OF  THE COMPTROLLER ON VOUCHERS CERTIFIED OR APPROVED BY THE DIRECTOR OF
   17  THE NEW YORK STATE OFFICE FOR THE AGING OR HIS OR  HER  DULY  DESIGNATED
   18  REPRESENTATIVE.
   19    S  2.  The tax law is amended by adding a new section 629-a to read as
   20  follows:
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD14807-05-0
       S. 6209--A                          2
    1    S 629-A. GIFT FOR NEW YORK STATE SENIORS TRUST FUND. EFFECTIVE FOR ANY
    2  TAX YEAR COMMENCING ON OR AFTER JANUARY FIRST, TWO THOUSAND  ELEVEN,  AN
    3  INDIVIDUAL  IN  ANY TAXABLE YEAR MAY ELECT TO CONTRIBUTE TO THE NEW YORK
    4  STATE SENIORS TRUST FUND FOR THE COST ASSOCIATED WITH THE FUNDING OF THE
    5  HOME  DELIVERED  MEALS PROGRAM ADMINISTERED BY THE NEW YORK STATE OFFICE
    6  FOR THE AGING. THE CONTRIBUTION SHALL BE ONE DOLLAR AND SHALL NOT REDUCE
    7  THE AMOUNT OF STATE TAX OWED BY SUCH INDIVIDUAL. THE COMMISSIONER  SHALL
    8  INCLUDE  SPACE ON THE PERSONAL INCOME TAX RETURN TO ENABLE A TAXPAYER TO
    9  MAKE SUCH CONTRIBUTION. NOTWITHSTANDING ANY OTHER PROVISION OF  LAW  ALL
   10  REVENUES COLLECTED PURSUANT TO THIS SECTION SHALL BE CREDITED TO THE NEW
   11  YORK  STATE  SENIORS TRUST FUND AND USED ONLY FOR THOSE PURPOSES ENUMER-
   12  ATED IN SECTION NINETY-NINE-T OF THE STATE FINANCE LAW.
   13    S 3. Subdivision 4 of section 1315 of the abandoned property  law,  as
   14  added  by  section  3  of  part  P of chapter 62 of the laws of 2003, is
   15  amended to read as follows:
   16    4. Any amount representing an unpaid check  or  draft  issued  by  the
   17  state  of  New York which shall have remained unpaid after one year from
   18  the date of issuance in accordance with section one hundred two  of  the
   19  state  finance  law shall be deemed abandoned property and shall be paid
   20  to the state comptroller, PROVIDED, HOWEVER, ANY  AMOUNT  DEEMED  TO  BE
   21  ABANDONED  PROPERTY  PURSUANT TO THIS SUBDIVISION, WHICH HAD BEEN ISSUED
   22  TO A PERSON SIXTY-FIVE YEARS OF AGE OR OLDER, SHALL  BE  DEPOSITED  INTO
   23  THE  NEW  YORK  STATE SENIORS TRUST FUND ESTABLISHED PURSUANT TO SECTION
   24  NINETY-NINE-T OF THE STATE FINANCE LAW.
   25    S 4. Subdivision 1 of section 300 of the  abandoned  property  law  is
   26  amended by adding a new paragraph (a-1) to read as follows:
   27    (A-1)  ANY  AMOUNTS  DETERMINED  TO  BE ABANDONED PROPERTY PURSUANT TO
   28  PARAGRAPH (A) OF THIS SUBDIVISION,  WHICH  WERE  ENTITLED  TO  A  PERSON
   29  SIXTY-FIVE  YEARS  OF AGE OR OLDER, SHALL BE DEPOSITED INTO THE NEW YORK
   30  STATE SENIORS TRUST FUND ESTABLISHED PURSUANT TO  SECTION  NINETY-NINE-T
   31  OF THE STATE FINANCE LAW.
   32    S  5.  Subdivision  (c)  of  section 904 of the civil practice law and
   33  rules, as added by chapter 207 of the laws of 1975, is amended  to  read
   34  as follows:
   35    (c)  The  content  of  the  notice shall be subject to court approval,
   36  PROVIDED, HOWEVER, THAT IN ACTION  SEEKING  A  MONETARY  JUDGMENT,  SUCH
   37  NOTICE  SHALL  INCLUDE  A  SPACE  TO  ENABLE  THE MEMBER OF THE CLASS TO
   38  CONTRIBUTE THE PORTION OF THE MONETARY JUDGMENT TO WHICH THEY ARE  ENTI-
   39  TLED TO THE NEW YORK STATE SENIORS TRUST FUND. In determining the method
   40  by which notice is to be given, the court shall consider
   41    I. the cost of giving notice by each method considered
   42    II. the resources of the parties and
   43    III.  the stake of each represented member of the class, and the like-
   44  lihood that significant numbers of represented members would  desire  to
   45  exclude  themselves  from the class or to appear individually, which may
   46  be determined, in the court's discretion, by sending notice to a  random
   47  sample of the class.
   48    S  6.  The  civil  practice  law  and rules is amended by adding a new
   49  section 905-a to read as follows:
   50    S 905-A. CONTRIBUTIONS TO THE  NEW  YORK  STATE  SENIORS  TRUST  FUND.
   51  WHERE  A  MONETARY JUDGMENT HAS BEEN AWARDED TO A CLASS, AND A MEMBER OR
   52  MEMBERS OF SUCH CLASS CHOOSES TO CONTRIBUTE THE PORTION OF THE  JUDGMENT
   53  TO  WHICH  THEY  ARE  ENTITLED  TO THE NEW YORK STATE SENIORS TRUST FUND
   54  PURSUANT TO SUBDIVISION (C) OF SECTION NINE HUNDRED FOUR OF  THIS  ARTI-
   55  CLE,  ALL SUCH MONIES SHALL BE DEPOSITED INTO THE NEW YORK STATE SENIORS
       S. 6209--A                          3
    1  TRUST FUND ESTABLISHED IN SECTION NINETY-NINE-T  OF  THE  STATE  FINANCE
    2  LAW.
    3    S  7.  This  act shall take effect on the ninetieth day after it shall
    4  have become a law.
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