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S08722 Summary:

BILL NOS08722
 
SAME ASNo Same As
 
SPONSORWEIK
 
COSPNSR
 
MLTSPNSR
 
Add Art 17 §§530 & 531, RP L
 
Prohibits the sale or lease of agricultural and forest property and real property on or within ten miles of any military installation or critical infrastructure facility in the state to foreign countries of concern and foreign principals.
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S08722 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          8722
 
                    IN SENATE
 
                                     January 7, 2026
                                       ___________
 
        Introduced  by  Sen.  WEIK  --  read twice and ordered printed, and when
          printed to be committed to the Committee on Judiciary
 
        AN ACT to amend the real property law, in relation  to  prohibiting  the
          sale  or  lease  of  certain  types  of  real property in the state to
          foreign countries of concern and foreign principals
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. The real property law is amended by adding a new article 17
     2  to read as follows:
     3                                  ARTICLE 17
     4    PROHIBITING THE SALE OF REAL PROPERTY TO FOREIGN COUNTRIES OF CONCERN
     5  Section 530. Definitions.
     6          531.  Sale  of  real  property  to  foreign countries of concern
     7                 prohibited.
     8    § 530. Definitions. As used in this article the following terms  shall
     9  have the following meanings:
    10    1. "Agricultural and forest property" means all real property used for
    11  raising,  harvesting,  and  selling  crops or for the feeding, breeding,
    12  management, raising, sale of, or the production of livestock, or for the
    13  growing and sale of timber and forest products.
    14    2. "Critical infrastructure facility" means any of the following:
    15    (a) A chemical manufacturing facility.
    16    (b) A refinery.
    17    (c) A plant or facility producing electric energy no matter how gener-
    18  ated or produced.
    19    (d) A water treatment facility or wastewater treatment plant.
    20    (e) A liquid natural gas terminal.
    21    (f) A telecommunications central switching office.
    22    (g) A gas processing plant, including any plant used in  the  process-
    23  ing, treatment, or fractionation of natural gas.
    24    (h) A seaport facility.
    25    (i) Aerospace or spaceport infrastructure.
    26    (j) An airport.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14334-01-6

        S. 8722                             2
 
     1    3.  "Foreign  country  of concern" means China, Iran, North Korea, and
     2  Russia. This term shall not include Taiwan.
     3    4. "Foreign principal" means any of the following:
     4    (a)  The  government  or  any  official of the government of a foreign
     5  country of concern.
     6    (b) A political party or member of a political party or  any  subdivi-
     7  sion of a political party in a foreign country of concern.
     8    (c)  A  country  or government identified on any sanctions list of the
     9  United States Department of the  Treasury's  Office  of  Foreign  Assets
    10  Control.
    11    5. "Military installation" means a base, camp, post, station, yard, or
    12  center that is under the jurisdiction of the United States Department of
    13  Defense or its affiliates, encompassing at least ten contiguous acres.
    14    6.  "Real  property"  means  land,  buildings, fixtures, and all other
    15  improvements to land.
    16    § 531. Sale of real property to foreign countries of concern prohibit-
    17  ed.  1. Notwithstanding any other provision of law, it shall be unlawful
    18  for any person or entity to lease, sell, offer to sell, convey or trans-
    19  fer to any foreign country of concern or foreign principal any  interest
    20  in the following property located within the state:
    21    (a) agricultural and forest property; and
    22    (b)  real property on or within ten miles of any military installation
    23  or critical infrastructure facility.
    24    2. No title insurer, title  agent,  real  estate  licensee,  or  other
    25  settlement  provider  as  defined  by the Real Estate Procedures Act, 12
    26  U.S.C. 2601 et seq., shall be liable for any violation of this article.
    27    3. Notwithstanding any other provision of law,  the  attorney  general
    28  shall  have  the  authority to enforce the provisions of this article by
    29  applying, in the name of the people of the state of  New  York,  to  the
    30  supreme  court  of  the  state  of  New  York for an order enjoining the
    31  continuance of such violative activity, including  but  not  limited  to
    32  bringing  an  action  for  injunctive  or declaratory relief if any real
    33  property is in the process of being  or  has  been  sold  or  leased  in
    34  violation of this article.
    35    4.  The  provisions  of  this  section  shall  only  apply to property
    36  acquired after the effective date of this section.
    37    § 2. This act shall take effect on the thirtieth day  after  it  shall
    38  have become a law.
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