S 9129 New York Senate · 2025 Regular Session

Directs the chief administrator of the courts to develop and implement a random audit compliance program to conduct periodic financial audits of law firms; and provides for funding of the program

Summary
Directs the chief administrator of the courts to develop and implement a random audit compliance program to conduct periodic financial audits of law firms that engage in the private practice and create and manage escrow trust accounts in the state in order to ensure proper handling of IOLTA accounts; provides for the funding of the random audit compliance program.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2026 Last action Apr 10, 2026
Maddy AI version diff · 2 comparisons

What changed between versions

S9129A S9129B · 3 edits
MINOR
The bill was renumbered from version A to version B and has been amended to broaden the scope of the random audit compliance program. The primary change narrows the definition of auditable accounts from 'real estate escrow trust accounts' to simply 'escrow trust accounts,' expanding the program's reach to include other types of client funds held by law firms. Additionally, the procedural text regarding the committee's discharge and recommitment was updated to reflect the bill's amended status.
Scope change
The bill's scope was expanded by removing the specific limitation to 'real estate' escrow accounts, thereby including all escrow trust accounts managed by law firms in the state.
SCOPE

The definition of auditable accounts was broadened from 'real estate escrow trust accounts' to 'escrow trust accounts,' removing the restriction to real estate transactions.

TECHNICAL

The bill number was updated from '9129--A' to '9129--B' to reflect the amended version.

The procedural history regarding the Judiciary Committee was updated to include the phrase 'bill amended,' indicating the bill has been revised since its initial introduction.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
5
Key actions
4
Committee
1
Amendments
4
Apr 10, 2026
Upper · Passed
PRINT NUMBER 9129B
upper
Apr 10, 2026
Upper · Passed
AMEND AND RECOMMIT TO JUDICIARY
upper
Feb 26, 2026
Upper · Passed
PRINT NUMBER 9129A
upper
Feb 26, 2026
Upper · Passed
AMEND AND RECOMMIT TO JUDICIARY
upper
Feb 5, 2026
Committee
REFERRED TO JUDICIARY
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Siela Bynoe
Siela Bynoe
DDemocratic
NY
6