Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 22, 2024 |
reported and committed to finance |
Jan 03, 2024 |
referred to codes returned to senate died in assembly |
Jun 07, 2023 |
referred to codes delivered to assembly passed senate |
May 15, 2023 |
advanced to third reading |
May 10, 2023 |
2nd report cal. |
May 09, 2023 |
1st report cal.836 |
Jan 31, 2023 |
reported and committed to finance |
Jan 19, 2023 |
referred to codes |
Senate Bill S2311
2023-2024 Legislative Session
Sponsored By
(D) 20th Senate District
Current Bill Status - In Senate Committee Finance Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(D, WF) 47th Senate District
2023-S2311 (ACTIVE) - Details
2023-S2311 (ACTIVE) - Sponsor Memo
BILL NUMBER: S2311 SPONSOR: MYRIE TITLE OF BILL: An act to amend the penal law, in relation to fines for corporations PURPOSE: To update New York's financial sanctions on corporations. SUMMARY OF PROVISIONS: Section 1 amends subdivision of section 80.10 of the penal law, as amended by section 28 of subpart A of part H of chapter 5 of the laws of 2014 which increases the current fines for corporations for an offense to be; eighty thousand dollars for a felony conviction; forty thousand dollars for a class A misdemeanor; fifteen thousand dollars for a class B misdemeanor; and four thousand dollars for a conviction of a violation. Section 2 provides the effective date.
2023-S2311 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2311 2023-2024 Regular Sessions I N S E N A T E January 19, 2023 ___________ Introduced by Sen. MYRIE -- 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 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. LBD01304-01-3
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