This bill introduces a new chapter to existing law that prohibits individuals who intentionally and feloniously kill another person from receiving any financial benefits from the decedent's estate or related contractual provisions. It establishes that such individuals forfeit all benefits under the decedent's estate, and if the decedent died intestate, the estate will pass as if the killer predeceased the decedent. The bill also revokes any property designations or fiduciary appointments made by the decedent to the killer and severs joint property interests held by both parties. Additionally, it outlines the process for determining the killer's accountability and provides protections for payors and third parties involved in the estate's financial transactions.

Moreover, the bill mandates that any entity contracting with a person convicted of homicide must notify the Department of Justice, which will inform the decedent's estate or immediate family to facilitate the recovery of any owed funds. It defines "profits from a homicide crime" to include any property acquisition or income generated from the sale or exchange of such property by the convicted individual. The bill also clarifies the definition of "victim" to include the estate of the homicide victim and their immediate family, excluding the perpetrator. Victims are granted the right to file civil lawsuits to recover damages from convicted individuals or their representatives within three years of discovering any profits from the crime, with a requirement to notify the Department of Justice upon filing. The act is set to take effect on January 1, 2026, with a projected minimal fiscal impact.