New York Senate bill in Session 2025-2026.
Status: in_committee. Latest action: February 27, 2026.
Enacts the securing customer assets against malfeasance act or the S.C.A.M. act.
Enacts the "securing customer assets against malfeasance" or "S.C.A.M." 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.
| Date | Event | Detail |
|---|---|---|
| 2025-12-01 | Introduced | Bill introduced |
| 2026-02-27 | Status | in_committee |
| 2026-02-27 | Latest Action | In Senate Committee |