STATE OF NEW YORK
________________________________________________________________________
4960
2023-2024 Regular Sessions
IN ASSEMBLY
February 27, 2023
___________
Introduced by M. of A. ROZIC -- read once and referred 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:
1 Section 1. Subdivision 1 of section 80.10 of the penal law, as amended
2 by section 28 of subpart A of part H of chapter 55 of the laws of 2014,
3 is amended to read as follows:
4 1. In general. A sentence to pay a fine, when imposed on a corporation
5 for an offense defined in this chapter or for an offense defined outside
6 this chapter for which no special corporate fine is specified, shall be
7 a sentence to pay an amount, fixed by the court, not exceeding:
8 (a) [Ten] Eighty thousand dollars, when the conviction is of a felony;
9 (b) [Five] Forty thousand dollars, when the conviction is of a class A
10 misdemeanor or of an unclassified misdemeanor for which a term of impri-
11 sonment in excess of three months is authorized;
12 (c) [Two] Fifteen thousand dollars, when the conviction is of a class
13 B misdemeanor or of an unclassified misdemeanor for which the authorized
14 term of imprisonment is not in excess of three months;
15 (d) [Five hundred] Four thousand dollars, when the conviction is of a
16 violation;
17 (e) Any higher amount not exceeding double the amount of the corpo-
18 ration's gain from the commission of the offense or, if the corporation
19 is convicted of a crime defined in article four hundred ninety-six of
20 this chapter, any higher amount not exceeding three times the amount of
21 the corporation's gain from the commission of such offense.
22 § 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
