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Assembly Bill A4139

2025-2026 Legislative Session

Relates to unlawful dealing in real property

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Current Bill Status - In Assembly Committee

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2025-A4139 (ACTIVE) - Details

See Senate Version of this Bill:
S4531
Current Committee:
Assembly Codes
Law Section:
Penal Law
Laws Affected:
Add §190.95, Pen L
Versions Introduced in Other Legislative Sessions:
2019-2020: S3403
2021-2022: S1191
2023-2024: A8357, S452

2025-A4139 (ACTIVE) - Summary

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

2025-A4139 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4139
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 31, 2025
                                ___________
 
 Introduced   by   M.  of  A.  SIMON,  STECK,  LUNSFORD,  TAYLOR,  REYES,
   BICHOTTE HERMELYN, DINOWITZ, GIBBS, KIM, TAPIA, COOK -- read once  and
   referred 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 SUCH PERSON 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.
                                                            LBD01615-01-5

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