State Sen. Joseph Griffo, R-47, Rome, announced today that the Senate has passed legislation that increases the penalties for the robbery of a bank or other financial institutions.
The bill, sponsored by Griffo, would increase the penalty for robbing a bank or financial institution to a class C felony.
“My goal in developing this legislation is to increase the safety of employees and consumers in our local banks, while also sending a message to potential criminals that robbing a bank is not a victimless crime,”
“It is a crime that we take very seriously and should punish very strongly. The bill would establish meaningful penalties to serve as an effective deterrent to these crimes and punish those who violate it appropriately.”
If the act is signed into law, it would go into effect on the Nov. 1 following the bill being official signed by the Governor. There also is a companion bill in the state Assembly. That legislation – A2729 – is sponsored by state Assemblyman Charles Lavine, D-Glen Cove.