Bill Text: NY A10667 | 2023-2024 | General Assembly | Introduced

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Bill Title: Prohibits any person or entity from registering, reserving, or otherwise acquiring a domain name based on knowledge acquired through non-public information of a third party's interest in that domain name.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-07-22 - referred to consumer affairs and protection [A10667 Detail]

Download: New_York-2023-A10667-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          10667

                   IN ASSEMBLY

                                      July 22, 2024
                                       ___________

        Introduced  by  COMMITTEE  ON RULES -- (at request of M. of A. Vanel) --
          read once and referred  to  the  Committee  on  Consumer  Affairs  and
          Protection

        AN  ACT  to  amend  the general business law, in relation to prohibiting
          domain front running

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Section  147  of  the  general business law is amended by
     2  adding a new subdivision 4 to read as follows:
     3    4. "Non-public information" shall mean information that is not readily
     4  accessible by the public  or  information  that  is  made  available  to
     5  members of the public upon payment of a fee.
     6    § 2. The general business law is amended by adding a new section 148-a
     7  to read as follows:
     8    § 148-a. Domain front running prohibited. 1. No person or entity shall
     9  register, reserve, or otherwise acquire a domain name based on knowledge
    10  acquired  through  non-public information of a third party's interest in
    11  that domain name.
    12    2. A person or entity shall be only liable for a violation of subdivi-
    13  sion one of this section if such person or entity  is  the  domain  name
    14  registrant or such registrant's authorized licensee.
    15    § 3. This act shall take effect immediately.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15914-01-4