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New York · 2025 Regular Session · Bill

S 7494: Enacts the government response to insider fraud and trading act relating to securities fraud whistleblower incentives and protections

Passed one chamber Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

S 7494 is a bill introduced in the New York Senate on April 17, 2025. According to its official title, it concerns: Enacts the government response to insider fraud and trading act relating to securities fraud whistleblower incentives and protections. Primary sponsor: Michael Gianaris. It lists 3 additional sponsors. Most recent recorded action (June 1, 2026): REFERRED TO CODES.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

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.

Sponsors

Sponsors by party (alphabetical): Democratic 1 · Democratic/Working Families 2

NameRolePartyChamberDistrict
Michael GianarisPrimary sponsorNot applicable (committee)——
Liz KruegerCo-sponsorDemocratic/Working FamiliesSenate28
John LiuCo-sponsorDemocraticSenate16
Rachel MayCo-sponsorDemocratic/Working FamiliesSenate48

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO CODES
  2. DELIVERED TO ASSEMBLY
  3. PASSED SENATE
  4. ORDERED TO THIRD READING CAL.1367
  5. COMMITTEE DISCHARGED AND COMMITTED TO RULES
  6. REFERRED TO CONSUMER PROTECTION
  7. RETURNED TO SENATE
  8. DIED IN ASSEMBLY
  9. REFERRED TO CODES
  10. DELIVERED TO ASSEMBLY
  11. PASSED SENATE
  12. AMENDED ON THIRD READING 7494A

Showing 12 most recent of 16 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source