New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: May 18, 2026.
Directs the chief administrator of the courts to develop and implement a random audit compliance program to conduct periodic financial audits of law firms; and provides for funding of the program.
Directs the chief administrator of the courts to develop and implement a random audit compliance program to conduct periodic financial audits of law firms that engage in the private practice and create and manage escrow trust accounts in the state in order to ensure proper handling of IOLTA accounts; provides for the funding of the random audit compliance program.
| Date | Event | Detail |
|---|---|---|
| 2026-02-12 | Introduced | Bill introduced |
| 2026-05-18 | Status | in_committee |
| 2026-05-18 | Latest Action | In Assembly Committee |