New York 2025 Session Status: Introduced

S3789 — Relates to civil penalties for certain fraud or misrepresentation of a material fact with respect to a financial product or service

Last action — In Senate Committee

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced January 30, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

In plain language

Increases civil penalties for fraud related to financial products or services.

This bill aims to establish higher civil penalties for individuals or entities committing fraud or misrepresentation concerning financial products or services. It addresses deceptive practices to enhance accountability in the financial sector.

Summary

Relates to civil penalties for certain fraud or misrepresentation of a material fact with respect to a financial product or service.

Bill Text

Action History

  1. COMMITTED TO RULES

  2. AMENDED ON THIRD READING 3789C

  3. AMENDED ON THIRD READING 3789B

  4. ADVANCED TO THIRD READING

  5. 2ND REPORT CAL.

  6. 1ST REPORT CAL.1027

  7. REFERRED TO BANKS

  8. COMMITTED TO RULES

  9. AMENDED ON THIRD READING 3789A

  10. ADVANCED TO THIRD READING

  11. 2ND REPORT CAL.

  12. 1ST REPORT CAL.390

  13. REFERRED TO BANKS

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 218 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (218)

218 members have not signed on to this bill.

Show all 218 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S3789 do?
Relates to civil penalties for certain fraud or misrepresentation of a material fact with respect to a financial product or service.
Who sponsors S3789?
S3789 is sponsored by Zellnor Myrie.
What is the current status of S3789?
This bill has been introduced in the Senate. Introduced January 30, 2025. It must pass committee before a floor vote.
Where can I track S3789?
Track S3789 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on S3789

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of S3789

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →