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NY A06154
Bill
Status
2/26/2025
Primary Sponsor
John Lemondes
Click for details
AI Summary
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Prohibits citizens, governments, and entities from "foreign countries of particular concern" (as designated by the U.S. Department of State) from purchasing industrial or agricultural real property in New York State
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Applies to property zoned as industrial, light industrial, heavy industrial, residential agricultural, agricultural, or rural agricultural
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Bars companies headquartered in, controlled by, or majority-owned by individuals or governments from designated foreign countries of concern
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Requires restricted foreign owners to sell existing covered properties only to persons or entities eligible to hold such property under the new restrictions
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Takes effect immediately upon passage, with a severability clause ensuring partial invalidation would not affect remaining provisions
Legislative Description
Prohibits certain noncitizens, foreign governments, and foreign entities from taking any real property that is zoned as industrial, light industrial, heavy industrial, residential agricultural, agricultural or rural agricultural.
Last Action
referred to judiciary
1/7/2026