BILL NUMBER: S5199
SPONSOR: SANDERS
TITLE OF BILL:
An act establishing the "New York municipal asset forfeiture account-
ability act"
PURPOSE:
This legislation provides those funds resulting from any assets lawfully
seized by any county sheriff, or any other municipal police agency, that
are forfeited from the original owner, shall be dedicated to such muni-
cipalities' general fund.
SUMMARY OF PROVISIONS:
Section 1. short title.
Section 2. Notwithstanding any other section of law, the funds resulting
from any assets lawfully seized by any county sheriff, or any other
municipal police agency, that are forfeited from the original owner,
shall be dedicated to such municipalities' general fund.
Section 3. Effective date.
JUSTIFICATION:
This legislation would ensure that the elected municipal officials
determine where the funds resulting from police asset seizures instead
of the funds automatically going to the police agencies.
LEGISLATIVE HISTORY:
New bill.
FISCAL IMPLICATIONS:
None.
EFFECTIVE DATE:
This act shall take effect immediately.