S T A T E O F N E W Y O R K
________________________________________________________________________
9159
I N S E N A T E
February 9, 2026
___________
Introduced by Sen. HINCHEY -- 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 establishing the crime of
corporate catastrophe and related offenses
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The penal law is amended by adding a new article 280 to
read as follows:
ARTICLE 280
CORPORATE CATASTROPHE
SECTION 280.00 DEFINITION.
280.05 AGGRAVATED CORPORATE CATASTROPHE.
280.10 CORPORATE CATASTROPHE.
280.15 RISKING CORPORATE CATASTROPHE.
280.20 FAILURE TO PREVENT A CORPORATE CATASTROPHE.
280.25 ADDITIONAL PENALTY.
§ 280.00 DEFINITION.
FOR THE PURPOSES OF THIS ARTICLE, "CATASTROPHE" MEANS WIDESPREAD INJU-
RY OR DAMAGE BY EXPLOSION, FIRE, FLOOD, AVALANCHE, COLLAPSE OF BUILDING,
RELEASE OF POISON GAS, RADIOACTIVE MATERIAL OR OTHER HARMFUL OR DESTRUC-
TIVE FORCE OR SUBSTANCE, OR BY ANY OTHER MEANS OF CAUSING POTENTIALLY
WIDESPREAD INJURY OR DAMAGE.
§ 280.05 AGGRAVATED CORPORATE CATASTROPHE.
A PERSON IS GUILTY OF AGGRAVATED CORPORATE CATASTROPHE WHEN SUCH
PERSON, BEING A MEMBER, MANAGER, DIRECTOR, OR OFFICER OF A CORPORATION
ACTING IN THE PERFORMANCE OR FURTHERANCE OF THEIR CORPORATE DUTIES OR
INTERESTS, INTENTIONALLY OR KNOWINGLY CAUSES A CATASTROPHE.
AGGRAVATED CORPORATE CATASTROPHE IS A CLASS B FELONY.
§ 280.10 CORPORATE CATASTROPHE.
A PERSON, BEING A MEMBER, MANAGER, DIRECTOR, OR OFFICER OF A CORPO-
RATION ACTING IN THE PERFORMANCE OR FURTHERANCE OF THEIR CORPORATE
DUTIES OR INTERESTS, IS GUILTY OF CORPORATE CATASTROPHE WHEN SUCH PERSON
RECKLESSLY CAUSES A CATASTROPHE.
CORPORATE CATASTROPHE IS A CLASS C FELONY.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10458-04-5
S. 9159 2
§ 280.15 RISKING CORPORATE CATASTROPHE.
A PERSON, BEING A MEMBER, MANAGER, DIRECTOR, OR OFFICER OF A CORPO-
RATION ACTING IN THE PERFORMANCE OR FURTHERANCE OF THEIR CORPORATE
DUTIES OR INTERESTS, IS GUILTY OF RISKING CORPORATE CATASTROPHE WHEN
SUCH PERSON RECKLESSLY CREATES A RISK OF A CATASTROPHE.
RISKING CORPORATE CATASTROPHE IS A CLASS D FELONY.
§ 280.20 FAILURE TO PREVENT A CORPORATE CATASTROPHE.
A PERSON, BEING A MEMBER, MANAGER, DIRECTOR, OR OFFICER OF A CORPO-
RATION ACTING IN THE PERFORMANCE OR FURTHERANCE OF THEIR CORPORATE
DUTIES OR INTERESTS, IS GUILTY OF FAILURE TO PREVENT A CATASTROPHE WHEN
SUCH PERSON:
1. HAS AN OFFICIAL, CONTRACTUAL, OR OTHER LEGAL DUTY TO TAKE REASON-
ABLE MEASURES TO PREVENT OR MITIGATE A CATASTROPHE AND KNOWINGLY OR
RECKLESSLY FAILS TO DO SO; OR
2. PERFORMS OR ASSENTS TO AN ACT CAUSING OR THREATENING A CATASTROPHE.
FAILURE TO PREVENT A CORPORATE CATASTROPHE IS A CLASS D FELONY.
§ 280.25 ADDITIONAL PENALTY.
EVERY ENTITY, WHETHER FOREIGN OR DOMESTIC, A MEMBER, MANAGER, DIREC-
TOR, OR OFFICER OF WHICH IS GUILTY OF A CRIME DESCRIBED IN THIS ARTICLE,
OR AN ANTICIPATORY OR INCHOATE VERSION THEREOF, SHALL FORFEIT EVERY
RIGHT AND FRANCHISE TO DO BUSINESS IN THIS STATE FOR A PERIOD NOT LESS
THAN TWENTY YEARS. THE ATTORNEY GENERAL SHALL BE AUTHORIZED TO MAINTAIN
AN ACTION IN ANY COURT OF APPROPRIATE JURISDICTION TO ENFORCE THE
PROVISIONS OF THIS SECTION.
§ 2. This act shall take effect immediately.