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Bill

A 3858

Increases the fines imposed on a corporation for an offense defined within the penal law

2025 Regular Session Introduced by Alex Bores and 6 co-sponsors

Bill A 3858 increases fines for corporations guilty of penal law offenses, aiming to deter misconduct and enhance accountability in business practices.

SUBSTITUTED BY S2551
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WeVote Research Nonpartisan
Bill Summary · A 3858

Summary of Bill A 3858

Bill Overview

  • Bill Number: A 3858
  • Title: Increases the fines imposed on a corporation for an offense defined within the penal law
  • Status: Substituted by S2551
  • Introduced: January 30, 2025
  • Classification: Legislative Bill

Purpose and Intent

The primary aim of Bill A 3858 is to enhance the penalties imposed on corporations found guilty of offenses as defined by the penal law. By increasing the fines, the bill seeks to deter corporate misconduct and promote accountability among businesses operating within the jurisdiction.

Key Provisions

  • Increased Fines: The bill proposes a significant increase in the monetary penalties that corporations face when convicted of certain offenses. While specific dollar amounts are not detailed in the provided information, the intent is to establish a more stringent financial consequence for corporate wrongdoing.
  • Scope of Offenses: The bill applies to a range of offenses defined under the penal law, although the specific offenses are not enumerated in the summary.

Affected Parties

  • Corporations: The primary entities affected by this bill are corporations that may be found guilty of offenses under the penal law. The increased fines will directly impact their financial liabilities.
  • Regulatory Bodies: Agencies responsible for enforcing penal laws may see changes in their operational dynamics as they implement the increased penalties.

Legislative Timeline

  • January 30, 2025: Bill A 3858 was introduced and referred to the Codes Committee.
  • May 20, 2025: The bill was reported and referred to the Rules Committee.
  • May 21, 2025: The bill was reported again and ordered to third reading, but was subsequently substituted by S2551.

Related Legislation

Bill A 3858 is associated with several prior-session bills, indicating ongoing legislative interest in corporate accountability:
- A 8406 (prior-session)
- S 3165 (prior-session)
- S 277 (prior-session)
- A 4960 (prior-session)
- S 2551 (companion bill)

Conclusion

Bill A 3858 represents a legislative effort to strengthen corporate accountability through increased financial penalties for offenses defined in the penal law. While it has been substituted by S2551, the discussions surrounding this bill highlight the ongoing focus on corporate responsibility and the need for effective deterrents against corporate misconduct.

Compiled from official sources — confirm details with the bill’s official record.

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