New York bill A04139 criminalizes using non-public governmental information to buy or sell real property, classifying it as a class A misdemeanor.

New York bill A04139 amends the penal law by adding a new section that makes it a crime to use non-public governmental information to purchase or sell real property. This information includes details about tax incentives, tax abatements, bonds, loans, land use decisions, and environmental approvals. The offense is classified as a class A misdemeanor. The bill is set to take effect 180 days after it becomes law.

New York bill A04139 criminalizes using non-public governmental information to buy or sell real property, classifying it as a class A misdemeanor.

New York bill A04139 amends the penal law by adding a new section that makes it a crime to use non-public governmental information to purchase or sell real property. This information includes details about tax incentives, tax abatements, bonds, loans, land use decisions, and environmental approvals. The offense is classified as a class A misdemeanor. The bill is set to take effect 180 days after it becomes law.