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Assembly Bill A8406

2017-2018 Legislative Session

Relates to fines for corporations

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Archive: Last Bill Status - On Floor Calendar

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2017-A8406 (ACTIVE) - Details

Law Section:
Penal Law
Laws Affected:
Amd §80.10, Pen L
Versions Introduced in Other Legislative Sessions:
2019-2020: A187
2023-2024: A4960
2025-2026: A3858

2017-A8406 (ACTIVE) - Summary

Increases the fines imposed on a corporation for an offense defined within the penal law.

2017-A8406 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8406
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               June 13, 2017
                                ___________
 
 Introduced  by  M. of A. D'URSO -- Multi-Sponsored by -- M. of A. LENTOL
   -- read once and referred to the Committee on Codes
 
 AN ACT to amend the penal law, in relation to fines for corporations
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Subdivision 1 of section 80.10 of the penal law, as amended
 by  section 28 of subpart A of part H of chapter 55 of the laws of 2014,
 is amended to read as follows:
   1. In general. A sentence to pay a fine, when imposed on a corporation
 for an offense defined in this chapter or for an offense defined outside
 this chapter for which no special corporate fine is specified, shall  be
 a sentence to pay an amount, fixed by the court, not exceeding:
   (a) [Ten] EIGHTY thousand dollars, when the conviction is of a felony;
   (b) [Five] FORTY thousand dollars, when the conviction is of a class A
 misdemeanor or of an unclassified misdemeanor for which a term of impri-
 sonment in excess of three months is authorized;
   (c)  [Two] FIFTEEN thousand dollars, when the conviction is of a class
 B misdemeanor or of an unclassified misdemeanor for which the authorized
 term of imprisonment is not in excess of three months;
   (d) [Five hundred] FOUR THOUSAND dollars, when the conviction is of  a
 violation;
   (e)  Any  higher  amount not exceeding double the amount of the corpo-
 ration's gain from the commission of the offense or, if the  corporation
 is  convicted  of  a crime defined in article four hundred ninety-six of
 this chapter, any higher amount not exceeding three times the amount  of
 the corporation's gain from the commission of such offense.
   § 2. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11941-01-7

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