Senate Bill S3403A

2019-2020 Legislative Session

Relates to unlawful dealing in real property

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Codes Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions
Votes

Bill Amendments

co-Sponsors

2019-S3403 - Details

Current Committee:
Senate Codes
Law Section:
Penal Law
Laws Affected:
Add §190.95, Pen L
Versions Introduced in Other Legislative Sessions:
2021-2022: S1191
2023-2024: S452

2019-S3403 - Summary

Relates to unlawful dealing in real property, when a person uses material governmental information, which he or she knows or has reason to know is non-public, to purchase or sell real property; class A misdemeanor.

2019-S3403 - Sponsor Memo

2019-S3403 - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3403
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             February 6, 2019
                                ___________
 
 Introduced  by Sen. GIANARIS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Codes
 
 AN ACT to amend the penal law, in relation to unlawful dealing  in  real
   property
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. The penal law is amended by adding a new section 190.95  to
 read as follows:
 § 190.95 UNLAWFUL DEALING IN REAL PROPERTY.
   A  PERSON  IS  GUILTY  OF  UNLAWFUL DEALING IN REAL PROPERTY WHEN SUCH
 PERSON USES MATERIAL GOVERNMENTAL INFORMATION WHICH HE OR SHE  KNOWS  OR
 HAS REASON TO KNOW IS NON-PUBLIC TO PURCHASE OR SELL REAL PROPERTY BASED
 ON AN EXPECTED CHANGE IN VALUE OF SUCH PROPERTY RELATING TO SUCH MATERI-
 AL  GOVERNMENTAL  INFORMATION.  FOR  PURPOSES OF THIS SECTION, "MATERIAL
 GOVERNMENTAL INFORMATION" IS ANY MATERIAL INFORMATION ABOUT THE  CERTAIN
 AWARDING  OR APPROVAL OF TAX INCENTIVES, TAX ABATEMENT, PAYMENTS IN LIEU
 OF TAXES, BONDS, NOTES, LOANS, GRANTS, REBATES, CONTRACTS, LAND  USE  OR
 ENVIRONMENTAL  DECISIONS,  INCLUDING  BUT  NOT  LIMITED  TO PLANNING AND
 ZONING APPROVALS AND STATE ENVIRONMENTAL QUALITY REVIEW ACT STATUTES AND
 REGULATIONS, BY ANY STATE OR LOCAL GOVERNMENTAL ENTITY INCLUDING BUT NOT
 LIMITED TO  AUTHORITIES,  BOARDS,  COMMISSIONS,  INDUSTRIAL  DEVELOPMENT
 AGENCIES, AND REGIONAL ECONOMIC DEVELOPMENT COUNCILS.
   UNLAWFUL DEALING IN REAL PROPERTY IS A CLASS E FELONY.
   § 2. This act shall take effect on the one hundred eightieth day after
 it shall have become a law.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06859-01-9

co-Sponsors

2019-S3403A (ACTIVE) - Details

Current Committee:
Senate Codes
Law Section:
Penal Law
Laws Affected:
Add §190.95, Pen L
Versions Introduced in Other Legislative Sessions:
2021-2022: S1191
2023-2024: S452

2019-S3403A (ACTIVE) - Summary

Relates to unlawful dealing in real property, when a person uses material governmental information, which he or she knows or has reason to know is non-public, to purchase or sell real property; class A misdemeanor.

2019-S3403A (ACTIVE) - Sponsor Memo

2019-S3403A (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  3403--A
     Cal. No. 809
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             February 6, 2019
                                ___________
 
 Introduced  by  Sens. GIANARIS, RAMOS -- read twice and ordered printed,
   and when printed to be committed to the Committee on Codes -- reported
   favorably from said committee, ordered to  first  and  second  report,
   ordered  to  a third reading, amended and ordered reprinted, retaining
   its place in the order of third reading

 AN ACT to amend the penal law, in relation to unlawful dealing  in  real
   property
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The penal law is amended by adding a new section 190.95  to
 read as follows:
 § 190.95 UNLAWFUL DEALING IN REAL PROPERTY.
   A  PERSON  IS  GUILTY  OF  UNLAWFUL DEALING IN REAL PROPERTY WHEN SUCH
 PERSON USES MATERIAL GOVERNMENTAL INFORMATION WHICH HE OR SHE  KNOWS  OR
 HAS REASON TO KNOW IS NON-PUBLIC TO PURCHASE OR SELL REAL PROPERTY BASED
 ON AN EXPECTED CHANGE IN VALUE OF SUCH PROPERTY RELATING TO SUCH MATERI-
 AL  GOVERNMENTAL  INFORMATION.  FOR  PURPOSES OF THIS SECTION, "MATERIAL
 GOVERNMENTAL INFORMATION" IS ANY MATERIAL INFORMATION ABOUT THE  CERTAIN
 AWARDING  OR APPROVAL OF TAX INCENTIVES, TAX ABATEMENT, PAYMENTS IN LIEU
 OF TAXES, BONDS, NOTES, LOANS, GRANTS, REBATES, CONTRACTS, LAND  USE  OR
 ENVIRONMENTAL  DECISIONS,  INCLUDING  BUT  NOT  LIMITED  TO PLANNING AND
 ZONING APPROVALS AND STATE ENVIRONMENTAL QUALITY REVIEW ACT STATUTES AND
 REGULATIONS, BY ANY STATE OR LOCAL GOVERNMENTAL ENTITY INCLUDING BUT NOT
 LIMITED TO  AUTHORITIES,  BOARDS,  COMMISSIONS,  INDUSTRIAL  DEVELOPMENT
 AGENCIES, AND REGIONAL ECONOMIC DEVELOPMENT COUNCILS.
   UNLAWFUL DEALING IN REAL PROPERTY IS A CLASS A MISDEMEANOR.
   § 2. This act shall take effect on the one hundred eightieth day after
 it shall have become a law.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06859-03-9

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.