Sen. Zellnor Myrie

Enacts the "New York state agency BIPOC asset management and financial institution strategy act" to ensure the promotion of equity, diversity, and inclusion within the state pension system and the New York city pension system's investments by mandating a minimum allocation of assets to BIPOC asset managers, BIPOC financial institutions, and BIPOC financial or professional service firms; addresses disparities in investment opportunities and fosters economic growth within BIPOC communities, aligning with best practices in investment management and bolstering the financial well-being of New York City and state and residents thereof (Part A); relates to fair investment practices by investment advisers within the state of New York (Part B).

Regulates an artificial person's contributions towards election and ballot-issue activity; provides limitations on the general powers of a corporation.

Maddy summaryThis bill (S 8625) requires New York appellate courts to give the highest level of respect to juries' factual findings - including their assessment of damages - in civil cases. It changes the standard for overturning jury awards: courts may only reduce or increase a damage award if the party challenging it proves, with clear and convincing evidence, that the award is so unreasonable it "shocks the conscience" and no reasonable jury could have reached it. This directly affects parties in civil lawsuits where juries determine damages, particularly cases with itemized verdicts. The law applies immediately to all civil actions filed after its effective date.

Relates to filling the void left by the expansive and overbroad applicability of the qualified immunity doctrine that operates as a near absolute shield to civil liability for public officials and ensures that state officials are justly held accountable for violating an individual's rights, privileges and immunities under state law.

Directs the division of criminal justice services to establish a statewide public database covering every local police department, each county sheriff's office, the division of the state police and every agency that employs a peace officer in this state, which shall compile the names of any police or peace officer who has had their employment terminated due to misconduct.

Maddy summaryThis bill requires New York's Department of Health to maintain a public online database showing pharmacy prices for the 150 most commonly prescribed drugs. Pharmacies participating in the state's medical assistance program must submit their actual retail prices for these drugs weekly through existing data systems or electronically if needed. The database must update prices at least once a week, providing consumers with current, transparent pricing information for common medications. This directly affects participating pharmacies and benefits consumers by making prescription drug costs more visible.

Prohibits local, state and federal law enforcement officers from wearing any mask or personal disguise while interacting with the public in the performance of their duties; excludes certain protective masks.

Maddy summaryThis bill establishes a specialized insurance program for commuter vans operating in New York City under the city's definition (from NYC Administrative Code §19-502). It requires the state superintendent to create and manage the program, which includes licensing a dedicated insurance company, setting eligibility rules for van operators, and monitoring coverage affordability. The program directly affects van operators who transport passengers for hire, aiming to provide them with accessible insurance through this structured framework. The bill mandates implementation within 90 days of becoming law.

Maddy summaryThis bill creates a New York state tax credit for employers who hire formerly incarcerated individuals on probation or parole. Employers receive a 35% credit against state taxes for the first $6,000 in wages paid to qualifying employees during their first year of employment. To qualify, an employee must have a felony conviction, be on probation or parole, and work full-time for at least 180 days. The credit coordinates with the federal Work Opportunity Tax Credit, using second-year wages for employees who also qualify for the federal program. The policy directly affects New York employers and formerly incarcerated individuals seeking stable employment.

Maddy summaryThis bill establishes a legal framework for the medical use of psilocybin (a psychedelic compound found in certain mushrooms) in New York State. It creates a "psilocybin assisted therapy grant program" to fund treatment for veterans, first responders, retired first responders, and low-income individuals through certified facilitators (mental health professionals who complete state-approved training). The law defines medical psilocybin, sets requirements for treatment settings and facilitator certification, and includes legal protections against penalties for those using it under the program. It also mandates a two-year department report on the program's implementation and establishes a pilot program for naturally grown psilocybin. The bill makes a specific appropriation to fund the grant program.