New York S 8295: Relates to requiring hosting platforms to require a short-term rental host to submit a license or permit where such host is offering a short-term rental in a municipality which requires such license or permit

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S08295 Summary:

BILL NOS08295A

&nbsp

SAME ASNo Same As

&nbsp

SPONSORSEPULVEDA

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §702, SCPA

&nbsp

Requires all letters granted to personal representatives contain restrictions on compromising any cause of action arising from the death of the decedent.

Go to top S08295 Actions:

BILL NOS08295A

&nbsp

05/30/2025REFERRED TO JUDICIARY

06/03/2025AMEND AND RECOMMIT TO JUDICIARY

06/03/2025PRINT NUMBER 8295A

01/07/2026REFERRED TO JUDICIARY

Go to topS08295 Committee&nbspVotes:

Go to topS08295 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS08295 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8295--A

 2025-2026 Regular Sessions

 IN SENATE

 May 30, 2025
 ___________

 Introduced by Sen. SEPULVEDA -- read twice and ordered printed, and when
 printed to be committed to the Committee on Judiciary -- committee
 discharged, bill amended, ordered reprinted as amended and recommitted
 to said committee

 AN ACT to amend the surrogate's court procedure act, in relation to
 requiring all letters granted to personal representatives contain
 certain restrictions

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 702 of the surrogate's court procedure act, subdi-
 2 vision 2 as amended by chapter 685 of the laws of 1967, subdivisions 8
 3 and 9 as added, subdivision 10 as renumbered and the closing paragraph
 4 as amended by chapter 514 of the laws of 1993, is amended to read as
 5 follows:
 6 § 702. Limited and restrictive letters
 7 1. Letters granted to a personal representative, or an administrator
 8 appointed under section 5-4.1 of the estates, powers and trusts law
 9 shall restrain the holder thereof from compromise of any cause of action
 10 arising from the death of the decedent or the enforcement of a judgment
 11 recovered therein until further order of the court.
 12 2. Letters may be granted limiting and restricting the powers and
 13 rights of the holder thereof:
 14 [1.] (a) To the enforcement or prosecution of a cause of action in
 15 favor of the decedent or [his] such decedent's fiduciary under general
 16 or special provisions of law, to the defense of any claim or cause of
 17 action against a decedent or [his] such decedent's fiduciary, and
 18 restraining the fiduciary from compromise of the action or the enforce-
 19 ment of a judgment recovered therein until the further order of the
 20 court and the filing of satisfactory security if required.
 21 [2.] (b) Where it is impracticable to give a bond in the full amount
 22 required by statute, to receiving and administering only the property

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD11973-02-5

 S. 8295--A 2

 1 which the court may specify, and restraining [him] such holder from
 2 receiving or administering other property until further order of the
 3 court.
 4 [3.] (c) To the adjustment, settlement, satisfaction or discharge of
 5 any claim in favor of or against the decedent or [his] such decedent's
 6 fiduciary.
 7 [4.] (d) To the performance of any act required in order to discharge
 8 the estate of a decedent from liability.
 9 [5.] (e) To an account in behalf of the decedent for the performance
 10 by [him] such decent as fiduciary of any trust or other responsibility.
 11 [6.] (f) To the completion of any transfer made by a decedent or [his]
 12 such decedent's fiduciary and to the execution of any instruments
 13 confirming any transfer so made.
 14 [7.] (g) To the appearance in and conduct of an action in which a
 15 decedent or [his] such decedent's fiduciary is a necessary or proper
 16 party.
 17 [8.] (h) In the discretion of the court, to represent the estate in a
 18 transaction in which the acting fiduciary could not or should not act in
 19 [his or her] their fiduciary capacity because of conflict of interest.
 20 [9.] (i) To commence and maintain any action or proceeding against the
 21 fiduciary, in [his or her] such fiduciary's individual capacity, or
 22 against anyone else against whom the fiduciary fails or refuses to bring
 23 such a proceeding.
 24 [10.] (j) To any other purpose or act deemed