New York S 5097: Increases the penalty for robbery of property from a bank; makes the crime a class C felony

Bill Text

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S05097 Summary:

BILL NOS05097 

&nbsp

SAME ASNo Same As

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SPONSORGRIFFO

&nbsp

COSPNSRGALLIVAN, HELMING

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MLTSPNSR

&nbsp

Amd §§592 & 592-a, Bank L; amd §160.10, Pen L

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Increases the penalty for robbery of property from a bank; makes the crime a class C felony.

Go to top S05097 Actions:

BILL NOS05097 

&nbsp

02/18/2025REFERRED TO BANKS

01/07/2026REFERRED TO BANKS

Go to topS05097 Committee&nbspVotes:

Go to topS05097 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS05097 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5097

 2025-2026 Regular Sessions

 IN SENATE

 February 18, 2025
 ___________

 Introduced by Sens. GRIFFO, GALLIVAN, HELMING -- read twice and ordered
 printed, and when printed to be committed to the Committee on Banks

 AN ACT to amend the banking law and the penal law, in relation to
 increasing the penalty for robbery of property from a bank

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision 2 of section 592 of the banking law, as amended
 2 by chapter 472 of the laws of 2008, is amended to read as follows:
 3 2. The superintendent may refuse to issue a license pursuant to this
 4 article if [he or she] they shall find that the applicant, or any person
 5 who is a director, officer, partner, agent, employee, substantial stock-
 6 holder of the applicant, consultant or person having a relationship with
 7 the applicant similar to a consultant, (a) has been convicted of a crime
 8 involving an activity which is a felony under this chapter or under
 9 article one hundred fifty-five, one hundred seventy, one hundred seven-
 10 ty-five, one hundred seventy-six, one hundred eighty, one hundred eight-
 11 y-five, one hundred eighty-seven, one hundred ninety, two hundred, two
 12 hundred ten or four hundred seventy, or subdivision four of section
 13 160.10 of the penal law or any comparable felony under the laws of any
 14 other state or the United States, provided that such crime would be a
 15 felony if committed and prosecuted under the laws of this state or (b)
 16 has had a license or registration revoked by the superintendent or (c)
 17 has been a director, partner, or substantial stockholder of an entity
 18 which has had a license or registration revoked by the superintendent or
 19 (d) has been an agent, employee or officer of an entity, or a consultant
 20 to, or person having had a similar relationship with, any entity which
 21 has had a license or registration revoked by the superintendent where
 22 such person shall have been found by the superintendent to bear respon-
 23 sibility in connection with the revocation. The term "substantial stock-
 24 holder", as used in this subdivision, shall be deemed to refer to a

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08533-01-5

 S. 5097 2

 1 person owning or controlling directly or indirectly ten per centum or
 2 more of the total outstanding stock of a corporation.
 3 § 2. Subdivision 2 of section 592-a of the banking law, as amended by
 4 chapter 472 of the laws of 2008, is amended to read as follows:
 5 2. The superintendent may refuse to issue a certificate pursuant to
 6 this article if [he or she] they shall find that the applicant, or any
 7 person who is a director, officer, partner, agent, employee, substantial
 8 stockholder of the applicant, consultant or person having a relationship
 9 with the applicant similar to a consultant, (a) has been convicted of a
 10 crime involving an activity which is a felony under this chapter or
 11 under article one hundred fifty-five, one hundred seventy, one hundred
 12 seventy-five, one hundred seventy-six, one hundred eighty, one hundred
 13 eighty-five, one hundred eighty-seven, one hundred ninety, two hundred,
 14 two hundred ten or four hundred seventy, or subdivision four of section
 15 160.10 of the penal law or any comparable felony under the laws of any
 16 other state or the United States, provided that such crime would be a
 17 felony if committed and prosecuted under the laws of this state or (b)
 18 has had a license or registration revoked by the superintende