S T A T E O F N E W Y O R K
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7528
I N S E N A T E
May 15, 2014
___________
Introduced by Sen. HOYLMAN -- read twice and ordered printed, and when
printed to be committed to the Committee on Codes
AN ACT to amend the penal law, in relation to commercial bribing
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 180.03 of the penal law, as amended by chapter 577
of the laws of 1983, is amended to read as follows:
S 180.03 Commercial bribing in the first degree.
A person is guilty of commercial bribing in the first degree when he
OR SHE confers, or offers or agrees to confer, any benefit upon any
employee, agent or fiduciary without the consent of the latter's employ-
er or principal, with intent to influence his OR HER conduct in relation
to his OR HER employer's or principal's affairs, and when the value of
the benefit conferred or offered or agreed to be conferred exceeds one
thousand dollars [and causes economic harm to the employer or principal
in an amount exceeding two hundred fifty dollars].
Commercial bribing in the first degree is a class E felony.
S 2. Section 180.08 of the penal law, as amended by chapter 577 of the
laws of 1983, is amended to read as follows:
S 180.08 Commercial bribe receiving in the first degree.
An employee, agent or fiduciary is guilty of commercial bribe receiv-
ing in the first degree when, without the consent of his employer or
principal, he OR SHE solicits, accepts or agrees to accept any benefit
from another person upon an agreement or understanding that such benefit
will influence his OR HER conduct in relation to his OR HER employer's
or principal's affairs, and when the value of the benefit solicited,
accepted or agreed to be accepted exceeds one thousand dollars [and
causes economic harm to the employer or principal in an amount exceeding
two hundred fifty dollars].
Commercial bribe receiving in the first degree is a class E felony.
S 3. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15134-01-4