This bill introduces two new chapters to the existing law: Chapter 562-A and Chapter 507-I. Chapter 562-A prohibits individuals convicted of murder from receiving any financial benefits from the victim's estate or through contractual provisions. It mandates that a murderer forfeits all benefits related to the decedent's estate, and if the decedent dies intestate, the estate will be distributed as if the murderer had predeceased the victim. The chapter also revokes any revocable dispositions or appointments made by the decedent to the murderer and severs joint property interests. Additionally, it requires entities contracting with convicted murderers for payments related to the crime to notify the Department of Justice, which must inform the decedent's estate or immediate family.

Chapter 507-I focuses on the proceeds of crime related to murder, defining "murder" and "profits from a murder," and establishing that any property or income obtained from committing murder is subject to forfeiture. It requires third parties who contract for or pay profits from a murder exceeding $10,000 to notify the Department of Justice. Victims or their representatives are allowed to bring civil actions against convicted murderers to recover damages related to these profits, with a three-year statute of limitations. The bill also protects payors and third parties from liability for payments made in good faith before notice of forfeiture and allows the court to stay civil actions until a final judgment in the criminal case. The Department of Justice is granted authority to intervene in civil actions to protect ongoing investigations and ensure restitution. The effective date of the bill is set for July 15, 2025.