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NY A01786

Bill

Status

Introduced

1/12/2015

Primary Sponsor

Charles Lavine

Click for details

Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Amends Banking Law sections 592 and 592-a to add reference to Penal Law section 160.10(4) as a disqualifying felony conviction for banking license and certificate applicants

  • Creates new Penal Law section 160.10(4) establishing that robbery of property from banks, trust companies, savings banks, safe deposit companies, savings and loan associations, credit unions, and foreign banking corporations constitutes robbery in the third degree

  • Applies the enhanced penalty to financial institutions incorporated or chartered in New York or any other state or the United States that maintain branch offices in New York

  • Takes effect November 1 following enactment

Legislative Description

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

Last Action

referred to banks

1/6/2016

Committee Referrals

Banks1/12/2015

Full Bill Text

No bill text available