Bill
Bill > S05470
NY S05470
NY S05470Requires that an entity which pays funds which are profits from a crime, as defined by statute, to a family member, including a former spouse, of a person charged with or convicted of a crime, give notice of such payment of funds to the office of victim services.
summary
Introduced
02/21/2025
02/21/2025
In Committee
02/21/2025
02/21/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the executive law, in relation to notice of the profits from a crime
AI Summary
This bill requires entities that pay profits from a crime to certain individuals related to a person charged with or convicted of a crime to provide written notice to the Office of Victim Services. Specifically, the bill expands existing law to mandate that when an entity knowingly pays or agrees to pay profits from a crime to a person charged with or convicted of a crime, their family members, or former spouse, they must give written notice to the office as soon as practicable after discovering the payment constitutes profits from a crime. The term "profits from a crime" is defined in another section of the law not included in this bill text. The legislation aims to increase transparency and potentially provide information to victims or law enforcement about financial transactions connected to criminal activities. The bill amends the existing executive law and will take effect immediately upon enactment.
Committee Categories
Justice
Sponsors (1)
Last Action
REFERRED TO CRIME VICTIMS, CRIME AND CORRECTION (on 02/21/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S5470 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S05470&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S05470 |
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