Increases the fines imposed on a corporation for an offense defined within the penal law.
New York Assembly Bill A03858 amends the penal law to increase the fines imposed on corporations for various offenses. For felonies, the fine increases from ten thousand to eighty thousand dollars, with a specific provision allowing up to five hundred thousand dollars for certain convictions. For class A misdemeanors, the fine rises from five thousand to forty thousand dollars, again with a specific provision allowing up to three hundred thousand dollars for certain convictions. For class B misdemeanors, the fine increases from two thousand to fifteen thousand dollars.
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