Increases the value of a motor vehicle exempt from the provisions of a will or intestate distribution for the benefit of the family of a decedent
This bill (S 8367) increases the value of a motor vehicle exempt from estate distribution rules from $25,000 to $50,000. It directly affects surviving spouses or children of a deceased person (decedent) who would otherwise have to share a vehicle in their estate. Under the change, they can claim one vehicle valued up to $50,000 (or receive cash for that amount) without it counting toward other estate distributions, even if the decedent owned multiple vehicles. The bill amends existing law and would take effect January 1 following its enactment.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2025
Committee Review
Floor Vote
Governor
Introduced Jun 5, 2025
Last action Jun 5, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
1
Jun 5, 2025
Committee
REFERRED TO RULES
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Brad Hoylman-Sigal
DDemocratic/Working Families
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