Prohibits the sale or lease of any property in the state to the People's Republic of China or the Chinese communist party.
Impact
If enacted, this bill could significantly alter the real estate landscape in New York by preventing Chinese entities from acquiring property. Supporters of the bill argue that this is a necessary measure to protect state interests and prevent potential exploitation or undue influence from foreign powers. Moreover, the bill empowers the state attorney general to take action against violations, ensuring enforcement is in place to deter breaches of this law. This could lead to a greater level of scrutiny over property transactions involving foreign parties.
Summary
Bill S08490 aims to amend the current real property law in New York state by explicitly prohibiting the sale or lease of any property to the People's Republic of China or the Chinese Communist Party. This legislation underscores a growing concern regarding national security and foreign influence in local markets. The bill seeks to block any transactions between individuals or entities within New York state and these specified Chinese entities, effectively limiting Chinese ownership of real estate in the state.
Contention
Despite its intentions to safeguard state interests, the bill could raise several points of contention. Critics may argue that such a blanket prohibition is overly broad and could hinder legitimate business transactions. There is a concern that this legislation could be seen as discriminatory against foreign investment, potentially impacting economic relations and property market dynamics. Additionally, the implications of restricting property sales to specific nations might provoke legal challenges on grounds of discrimination or violation of trade agreements.
Prohibits the purchase of glyphosate by any state department, agency, public benefit corporation or any pesticide applicator employed thereby as a contractor or subcontractor and the application of glyphosate on property owned, operated or leased by the state.
Prohibits the purchase of glyphosate by any state department, agency, public benefit corporation or any pesticide applicator employed thereby as a contractor or subcontractor and the application of glyphosate on property owned, operated or leased by the state.
Prohibits the promotion, sale, transfer, exchange, giving or disposing of a weapon on property owned by the state or any political subdivision thereof.
Sets up rules and regulations for the operation of lease-hold retirement communities to provide adequate housing for senior citizens wishing to retire and locate in a lease-hold retirement community; grants owners of homes in lease-hold retirement communities the right to sell their homes by methods common to sales of residential property; requires that owners of lease-hold retirement communities offer owners of homes the option to sign a long-term ninety-nine year lease.
Sets up rules and regulations for the operation of lease-hold retirement communities to provide adequate housing for senior citizens wishing to retire and locate in a lease-hold retirement community; grants owners of homes in lease-hold retirement communities the right to sell their homes by methods common to sales of residential property; requires that owners of lease-hold retirement communities offer owners of homes the option to sign a long-term ninety-nine year lease.
Prohibits any local police department, county sheriff's office, the division of the state police or any agency that employs a peace officer in this state from participating in the 1033 federal excess property program for the purposes of receiving lethal or offensive weapons.