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S08594 Summary:
| BILL NO | S08594 |
| SAME AS | No Same As |
| SPONSOR | MYRIE |
| COSPNSR | COMRIE, FAHY, KRUEGER, PARKER, SKOUFIS |
| MLTSPNSR | |
| Amd Pen L, generally; amd §§20.40 & 190.30, CP L; amd §410, Gen Bus L; amd §220-b, Lab L; amd §1-c, Leg L; amd §3, Pub Off L; amd §§139-a, 139-b & 139-c, St Fin L; amd §41, Tax L | |
| Enacts the "restoring integrity and preventing outright fraud in financial systems" or "R.I.P.O.F.F." act; increases penalties for a scheme to defraud; broadens the definitions of commercial bribery and bribing a public servant; creates the crime of structuring; expands jurisdiction for tax revenue deprivation; increases penalties for defrauding the government and certain persons over the age of sixty-five. | |