New YorkS 25512025-2026 Regular SessionSenate

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

Sponsored By: Zellnor Myrie (Democratic)

Became Law

CODES

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Higher corporate fines for crimes

The law raises the maximum fines on corporations. Felonies: up to $80,000, or $500,000 in specific corporate-liability cases. Class A misdemeanors or similar: up to $40,000, or $300,000 in those cases. Class B misdemeanors or similar: up to $15,000; violations: up to $4,000. Courts can also fine up to three times the corporation’s gain from the crime. For article 496 crimes, that gain-based fine can exceed the fixed caps but cannot exceed three times the gain. The law takes effect immediately.

Sponsors & Cosponsors

Sponsor

  • Zellnor Myrie

    Democratic • Senate

Cosponsors

  • Brad Hoylman-Sigal

    Democratic • Senate

  • Lea Webb

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 52 • No: 23

Senate vote 3/25/2025

FLOOR Vote

Yes: 42 • No: 20

committee vote 2/24/2025

Codes Committee Vote

Yes: 10 • No: 3

Actions Timeline

  1. SIGNED CHAP.467

    10/16/2025Senate
  2. DELIVERED TO GOVERNOR

    10/9/2025Senate
  3. RETURNED TO SENATE

    6/17/2025House
  4. PASSED ASSEMBLY

    6/17/2025House
  5. ORDERED TO THIRD READING RULES CAL.212

    5/21/2025House
  6. SUBSTITUTED FOR A3858

    5/21/2025House
  7. REFERRED TO CODES

    3/25/2025House
  8. DELIVERED TO ASSEMBLY

    3/25/2025Senate
  9. PASSED SENATE

    3/25/2025Senate
  10. ADVANCED TO THIRD READING

    2/26/2025Senate
  11. 2ND REPORT CAL.

    2/25/2025Senate
  12. 1ST REPORT CAL.361

    2/24/2025Senate
  13. REFERRED TO CODES

    1/21/2025Senate

Bill Text

  • Original

    1/21/2025

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