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Senate bill · S7494 (2025-26)

Enacts the government response to insider fraud and trading act relating to securities fraud whistleblower incentives and protections

Latest action Jun 1, 2026

New York State Senate

Same as A8016, the matching bill in the Assembly.

Sponsor

Michael Gianaris

Democratic/Working Families

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Summary

Provides for securities fraud whistleblower incentives and protections; defines terms; grants whistleblower awards for one or more whistleblowers who voluntarily provide original information to the attorney general that was the basis for a successful covered enforcement action; protects whistleblowers from retaliation; authorizes the attorney general to adopt any necessary rules and regulations; makes related provisions.

Summary from NY Open Legislation. How we handle summaries

Amends the General Business Law.

From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 21, 2026. About our data

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Where it stands

Passed one of the two chambers; it still needs the other.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Banks · New York State Assembly

Also referred to Banks · New York State Senate, Codes · New York State Assembly, Codes · New York State Senate, Consumer Protection · New York State Senate.

Recorded votes

  • Vote: Floor vote

    NY SenateJun 1, 2026Result: passed

    (54) (6) (0) (3)
  • Vote: Committee vote · Rules

    Senate RulesMay 28, 2026Result: passed

    (20) (1) (0) (0)
  • Vote: Floor vote

    NY SenateJun 12, 2025Result: passed

    (52) (7) (0) (4)
  • Vote: Committee vote · Consumer Protection

    Senate Consumer ProtectionMay 28, 2025Result: passed

    (6) (1) (0) (0)

Full history

  1. Jun 1, 2026

    Sent to the executive

    DELIVERED TO ASSEMBLY

    NY Senate

  2. Jun 1, 2026

    Passed a chamber

    PASSED SENATE

    NY Senate

  3. Jun 1, 2026

    Referred to committee

    REFERRED TO CODES

    NY Assembly

  4. May 28, 2026

    In committee

    COMMITTEE DISCHARGED AND COMMITTED TO RULES

    NY Senate

  5. May 28, 2026

    Ordered to Third Reading CAL.1367

    ORDERED TO THIRD READING CAL.1367

    NY Senate

Show full history (15 earlier events)
  1. Jan 7, 2026

    Died in Assembly

    DIED IN ASSEMBLY

    NY Assembly

  2. Jan 7, 2026

    Referred to committee

    REFERRED TO CODES

    NY Assembly

  3. Jan 7, 2026

    Referred to committee

    REFERRED TO CONSUMER PROTECTION

    NY Senate

  4. Jun 12, 2025

    Sent to the executive

    DELIVERED TO ASSEMBLY

    NY Senate

  5. Jun 12, 2025

    Passed a chamber

    PASSED SENATE

    NY Senate

  6. Jun 12, 2025

    Referred to committee

    REFERRED TO CODES

    NY Assembly

  7. Jun 9, 2025

    Amend and Recommit to Rules 8016A

    AMEND AND RECOMMIT TO RULES 8016A

    NY Assembly

  8. Jun 9, 2025

    Amended

    AMENDED ON THIRD READING 7494A

    NY Senate

  9. Jun 9, 2025

    Reported out of committee

    REPORTED REFERRED TO RULES

    NY Assembly

  10. Jun 4, 2025

    Advanced to Third Reading

    ADVANCED TO THIRD READING

    NY Senate

  11. May 29, 2025

    2ND Report CAL.

    2ND REPORT CAL.

    NY Senate

  12. May 28, 2025

    1ST Report CAL.1415

    1ST REPORT CAL.1415

    NY Senate

  13. May 28, 2025

    Reported out of committee

    REPORTED REFERRED TO CODES

    NY Assembly

  14. Apr 22, 2025

    Referred to committee

    REFERRED TO BANKS

    NY Assembly

  15. Apr 17, 2025

    Referred to committee

    REFERRED TO CONSUMER PROTECTION

    NY Senate