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Bill > S04611


NY S04611

NY S04611
Provides grounds for attachment; relates to procedures where employees may hold shareholders of non-publicly traded corporations personally liable for wage theft; relates to rights for victims of wage theft to hold the ten members with the largest ownership interests in a company personally liable for wage theft; relates to penalties for certain wage violations.


summary

Introduced
02/10/2025
In Committee
01/07/2026
Crossed Over
03/04/2025
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the civil practice law and rules, in relation to grounds for attachment; to amend the business corporation law, in relation to streamlining procedures where employees may hold shareholders of nonpublicly traded corporations personally liable for wage theft; to amend the limited liability company law, in relation to creating a right for victims of wage theft to hold the ten members with the largest ownership interests in a company personally liable for wage theft; and to amend the labor law, in relation to penalties for certain wage violations

AI Summary

This bill provides comprehensive legal protections for employees experiencing wage theft by expanding their ability to hold business owners and shareholders personally liable for unpaid wages. Specifically, the bill allows employees to seek attachment of assets and pursue claims against the ten largest shareholders or members of non-publicly traded corporations and limited liability companies for unpaid wages, including overtime, benefits, commissions, and other compensation. The bill broadens the definition of "wage claims" to include a wide range of labor law violations and federal wage standards, and makes it easier for employees to access corporate records to identify responsible parties. Additionally, the bill reduces barriers for employees seeking legal recourse by modifying procedural requirements such as notice periods and undertaking amounts. The legislation applies to both domestic and foreign corporations operating in the state and provides mechanisms for employees to inspect company records and pursue claims, even for wage violations that occurred before the bill's effective date. The bill aims to provide stronger protections for workers by creating more direct pathways to recover unpaid wages and hold business owners accountable for labor law violations.

Committee Categories

Justice

Sponsors (17)

Last Action

REFERRED TO JUDICIARY (on 01/07/2026)

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