S 7494 New York Senate · 2025 Regular Session

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

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.

Bill status passed 3 of 5 stages cleared

Introduction

Apr 2025

Committee Review

Jun 2026

Senate Passage

Jun 2026

Assembly Passage

Governor

Introduced Apr 17, 2025 Last action Jun 1, 2026

Maddy AI version diff · 1 comparison

What changed between versions

S7494 → S7494A · 3 edits

MINOR

The bill was amended to reflect its progression through the legislative process, including a favorable report from the Committee on Consumer Protection and an order for a third reading. The substantive legal text regarding whistleblower definitions, award percentages, and eligibility criteria remains unchanged.

TECHNICAL

The bill number was updated from S 7494 to S 7494--A to indicate it has been amended and reprinted.

New procedural text was added stating the bill was reported favorably by the Committee on Consumer Protection and ordered to a third reading.

The page header and footer numbers were updated to reflect the new version of the document.

Floor votes · Senate Jun 12, 2025

How they voted

52–7

Passed · 4 other

Total votes 63

Jun 12, 2025

D Democratic41

38 Yea 3

92% Yea

R Republican22

14 Yea 7 Nay 1

63% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jun 1, 2026

Committee

REFERRED TO CODES

lower

Jun 1, 2026

Upper · Passed

PASSED SENATE

upper

May 28, 2026

Committee

COMMITTEE DISCHARGED AND COMMITTED TO RULES

upper

Jan 7, 2026

Committee

REFERRED TO CONSUMER PROTECTION

upper

Jun 12, 2025

Committee

REFERRED TO CODES

lower

Jun 12, 2025

Upper · Passed

PASSED SENATE

upper

Jun 9, 2025

Upper · Passed

AMENDED ON THIRD READING 7494A

upper

Apr 17, 2025

Committee

REFERRED TO CONSUMER PROTECTION

upper

1 primary · 2 co-sponsors