NY A06227 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on April 3 2023 - 25% progression
Action: 2024-01-03 - referred to governmental employees
Pending: Assembly Governmental Employees Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Authorizes a public retirement system, as defined in section 501 of the retirement and social security law, mutual fund, or other institutional investor to bring actions for damages sustained due to the commission of certain prohibited and criminal acts in violation of the Martin Act (Fraudulent Practice in Respect to Stocks, Bonds and other Securities).

Tracking Information

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Title

Authorizes a public retirement system, as defined in section 501 of the retirement and social security law, mutual fund, or other institutional investor to bring actions for damages sustained due to the commission of certain prohibited and criminal acts in violation of the Martin Act (Fraudulent Practice in Respect to Stocks, Bonds and other Securities).

Sponsors


History

DateChamberAction
2024-01-03Assemblyreferred to governmental employees
2023-04-03Assemblyreferred to governmental employees

New York State Sources


Bill Comments

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