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Bill

A 1500

Provides an exemption of any award from the September eleventh victim compensation fund from application to the satisfaction of money judgments

2025 Regular Session Introduced by Judy Griffin and 1 co-sponsor

Bill A 1500 protects September 11 Victim Compensation Fund awards from being seized for debts, ensuring financial security for survivors and families affected by the attacks.

REFERRED TO CODES
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Bill Summary · A 1500

Summary of Bill A 1500

Bill Information

  • Bill Number: A 1500
  • Title: Provides an exemption of any award from the September eleventh victim compensation fund from application to the satisfaction of money judgments
  • Status: Referred to Codes
  • Introduced: January 10, 2025
  • Classification: Bill

Purpose and Intent

Bill A 1500 aims to protect awards granted from the September 11th Victim Compensation Fund (VCF) from being used to satisfy money judgments against recipients. This legislation seeks to ensure that individuals who have received compensation for losses related to the September 11 attacks can retain these funds without the risk of them being seized to pay off debts or legal judgments.

Key Provisions

  • Exemption from Money Judgments: The bill explicitly states that any awards received from the September 11th VCF are exempt from being applied towards the satisfaction of any money judgments. This means that creditors cannot claim these funds to settle debts owed by the recipients.

Impact

  • Affected Individuals: The primary beneficiaries of this bill are individuals who have received compensation from the September 11th Victim Compensation Fund. This includes first responders, survivors, and families of victims who may face financial challenges or legal judgments.
  • Financial Security: By exempting these awards from money judgments, the bill aims to provide financial security and peace of mind to those affected by the September 11 attacks, ensuring that they can use their compensation for recovery and support without the fear of losing it to creditors.

Procedural Aspects

  • Legislative Action: As of January 10, 2025, the bill has been referred to the Codes Committee for further consideration. The timeline for subsequent actions or votes has not yet been established.

Related Bills

  • A 7815: A prior-session bill that may have addressed similar issues.
  • A 7141: Another prior-session bill that could be relevant to the context of this legislation.

This summary provides an overview of Bill A 1500, highlighting its purpose, key provisions, and potential impact on individuals affected by the September 11 attacks. The bill's progress will be monitored as it moves through the legislative process.

Compiled from official sources — confirm details with the bill’s official record.

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