S8594 (2025-26 session)

NY State bill

Enacts the "securing customer assets against malfeasance" or "S.C.A.M." act; increases penalties for a scheme to defraud; broadens the definitions of commercial bribery and bribing a public servant; creates the crime of structuring; expands jurisdiction for tax revenue deprivation; increases penalties for defrauding the government and certain persons over the age of sixty-five.

Title
Enacts the securing customer assets against malfeasance act or the S.C.A.M. act
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-02-27
In committee
Codes
Introduced
2025-12-01
Active version
S8594B
Law section
Penal Law

Sponsors

Co-sponsors

Heard in committee

Sources