NY A09762

Requires model management companies and creative management companies to register with the Department of Labor and maintain a $50,000 surety bond if they have more than five employees working in New York State.

Imposes fiduciary duties on management companies including conducting health and safety inquiries, providing contract copies to models/creatives, depositing client funds in trust accounts, and limiting commission fees to 20% maximum.

Prohibits management companies from charging upfront fees, requiring contract terms longer than three years, taking retaliatory action against complainants, and engaging in discrimination based on protected categories.

Requires clients to pay models and creatives within 30 days, provide overtime compensation at 150% of hourly rate for work exceeding 8 hours in 24 hours, and allow representation at all engagements.

Establishes complaint procedures allowing models and creatives to file claims within two years, with civil penalties up to $3,000 for initial violations and $5,000 for subsequent violations, plus private right of action for actual and punitive damages.