Penal Law (Amendment – Forfeiture Arrangement for the Property of an Arms Dealer) Bill

What does the bill do?

The bill adds a section to the Penal Law requiring the court to order the forfeiture to the State Treasury of all property of a person convicted of an arms trafficking offense, including the property of their spouse and of their children who have not yet reached age 21. The forfeiture will not apply if the convicted person proves that the property was obtained by legal means or came into their possession before the years defined in the law. The bill aims to reduce the economic incentive for arms trafficking by denying economic gains from the offender and those close to them.