Establishes the crime of corporate catastrophe and related offenses in New York.

The bill creates the crime of corporate catastrophe, defining it as widespread injury or damage caused by various destructive forces. It establishes crimes for causing, risking, or failing to prevent a catastrophe. Corporate catastrophe is a class C felony, while aggravated corporate catastrophe is a class B felony. Failure to prevent a catastrophe is a class D felony. The bill also mandates a 20-year business ban for entities whose members, managers, directors, or officers commit these crimes.

Establishes the crime of corporate catastrophe and related offenses in New York.

The bill creates the crime of corporate catastrophe, defining it as widespread injury or damage caused by various destructive forces. It establishes crimes for causing, risking, or failing to prevent a catastrophe. Corporate catastrophe is a class C felony, while aggravated corporate catastrophe is a class B felony. Failure to prevent a catastrophe is a class D felony. The bill also mandates a 20-year business ban for entities whose members, managers, directors, or officers commit these crimes.