Senate BillIntroduced
S 5470: Requires that an entity which pays funds which are profits from a crime, as defined by statute, to a family member, including a former spouse, of a person charged with or convicted of a crime, give notice of such payment of funds to the office of victim services.
What S 5470 does, verified January 8, 2026
The bill requires individuals, companies, and organizations to provide written notice to the state's office of payments exceeding $10,000, where the payment constitutes profits from a crime or funds of a convicted person. The notice must be given as soon as possible after discovering the payment, and it must include the details of the payment and the reason for it. This is intended to prevent individuals and companies from avoiding responsibility for profits made from crimes committed by others. The bill takes effect immediately, requiring all relevant parties to comply with the new requirements.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO CRIME VICTIMS, CRIME AND CORRECTION (2026-01-07)Alert me
Quick answers about S 5470
- What is the current status of S 5470?
- As of January 8, 2026, S 5470 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO CRIME VICTIMS, CRIME AND CORRECTION".
- Did S 5470 pass?
- Not yet. S 5470 has been introduced and has not passed either house.
- Who wrote S 5470, and where is it now?
- S 5470 was authored by Sen. Leroy Comrie. Its committee of record is Senate Crime Victims, Crime & Correction.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | REFERRED TO CRIME VICTIMS, CRIME AND CORRECTION |
| Feb. 21, 2025 | REFERRED TO CRIME VICTIMS, CRIME AND CORRECTION |
Latest bill textIntroduced version, February 21, 2025 · 361 words
STATE OF NEW YORK ________________________________________________________________________ 5470 2025-2026 Regular Sessions IN SENATE February 21, 2025 ___________ Introduced by Sen. COMRIE -- read twice and ordered printed, and when printed to be committed to the Committee on Crime Victims, Crime and Correction AN ACT to amend the executive law, in relation to notice of the profits from a crime The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (a) of subdivision 2 of section 632-a of the 2 executive law, as amended by section 24 of part A-1 of chapter 56 of the 3 laws of 2010, is amended to read as follows: 4 (a) Every person, firm, corporation, partnership, association or other 5 legal entity, or representative of such person, firm, corporation, part- 6 nership, association or entity, which knowingly contracts for, pays, or 7 agrees to pay: (i) any profits from a crime as defined in paragraph (b) 8 of subdivision one of this section, to a person charged with or 9 convicted of that crime, or to the representative of such person as 10 defined in subdivision six of section six hundred twenty-one of this 11 article, or to the family of such person as defined in subdivision four 12 of section six hundred twenty-one of this article, or to the former 13 spouse of such person; or (ii) any funds of a convicted person, as 14 defined in paragraph (c) of subdivision one of this section, where such 15 conviction is for a specified crime and the value, combined value or 16 aggregate value of the payment or payments of such funds exceeds or will 17 exceed ten thousand dollars, shall give written notice to the office of 18 the payment or obligation to pay as soon as practicable after discover- 19 ing that the payment or intended payment constitutes profits from a 20 crime or funds of a convicted person. 21 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09605-01-5
Text of S 5470 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions