New York Assembly Bill A06730 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 6730 2025-2026 Regular Sessions  IN ASSEMBLY March 11, 2025 ___________ Introduced by M. of A. GRIFFIN -- read once and referred to the Commit- tee on Governmental Operations AN ACT to amend the executive law, in relation to notice of the profits from a crime The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (a) of subdivision 2 of section 632-a of the 2 executive law, as amended by section 24 of part A-1 of chapter 56 of the 3 laws of 2010, is amended to read as follows: 4 (a) Every person, firm, corporation, partnership, association or other 5 legal entity, or representative of such person, firm, corporation, part- 6 nership, association or entity, which knowingly contracts for, pays, or 7 agrees to pay: (i) any profits from a crime as defined in paragraph (b) 8 of subdivision one of this section, to a person charged with or 9 convicted of that crime, or to the representative of such person as 10 defined in subdivision six of section six hundred twenty-one of this 11 article, or to the family of such person as defined in subdivision four 12 of section six hundred twenty-one of this article, or to the former 13 spouse of such person; or (ii) any funds of a convicted person, as 14 defined in paragraph (c) of subdivision one of this section, where such 15 conviction is for a specified crime and the value, combined value or 16 aggregate value of the payment or payments of such funds exceeds or will 17 exceed ten thousand dollars, shall give written notice to the office of 18 the payment or obligation to pay as soon as practicable after discover- 19 ing that the payment or intended payment constitutes profits from a 20 crime or funds of a convicted person. 21 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09605-01-5