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S3559Senate2013-2014 SessionSame asA2485

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

Sponsor Joseph A. GriffoSD-47+15 co-sponsorsAffects Finance
Status
In Assembly Committee
Banks
Impact
Pending
Passage
Pending

Bill progress

Step 5 of 7

In Assembly · Banks

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History

  1. Referred to banks
  2. Delivered to assembly
  3. Passed senateVote 54–3
  4. Advanced to third reading
  5. 2nd report cal.
  6. 1st report cal.1047
  7. Reported and committed to codes
  8. Referred to banks
  9. Returned to senate
  10. Died in assembly
  11. Referred to banks
  12. Delivered to assembly
Show 6 earlier actions
  1. Passed senateVote 56–3
  2. Advanced to third reading
  3. 2nd report cal.
  4. 1st report cal.1153
  5. Reported and committed to codes
  6. Referred to banks

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

A2485Assembly

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

In Assembly Committee · Banks · Sponsor Charles Lavine

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S3559

Title of bill

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

Purpose

To increase the penalties for robbery of a banking institu- tion.

Summary of provisions

Sections 1 and 2 of the bill amend Sections 592(2) and 592-a(2) of the Banking Law, respectively, to expand the list of felony offenses for which the Superintendent of Banks may refuse to issue a license to a mortgage banker or a certificate to a mortgage broker.

Section 3 of the bill adds a new subdivision 4 to Section 160.10 of the Penal Law to expand the crime of robbery in the second degree to include property stolen from a banking institution.

Existing law

There are no separate provisions which relate to the specific crime of bank robbery.

Justification

Over the past decade,. there has been an increase in the number of bank robberies committed throughout the State, especially crimes in which threatening notes and comments are made to bank tellers in conjunction with the robbery. Not only does this crime place employ- ees and customers at risk, it imposes increased costs on all consumers.

One continuing problem is the apparent perception among many criminals that this is a relatively easy type of crime which is not punished as seriously as other types of crimes. By increasing the penalties for bank robbery, this legislation seeks to help address this problem. The bill would establish meaningful penalties to serve as an effective deterrent and as an appropriate level of punishment.

Legislative history

S. 2011-12: S. 4194 Passed Senate/A. 6872 Banks Committee.

Fiscal implications

None.

Effective date

The first of November next succeeding the date on which it shall have become a law.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.