Requires abandoned property escheat to the Indian nation or tribe that historically occupied the land or to the nearest nation or tribe; establishes such land shall be tribal land.

This bill proposes that any abandoned property in New York should be transferred to the Native American nation or tribe that originally occupied that land, or to the nearest such nation or tribe. It also designates that this land will be recognized as tribal land. The aim is to acknowledge and restore land rights to Indigenous peoples.

Supporters of the bill argue that it is a crucial step towards rectifying historical injustices faced by Native American tribes. They believe it honors the rightful claims of Indigenous peoples to their ancestral lands and promotes a more equitable approach to property ownership in New York.

Critics of the bill may argue that it complicates property ownership and could lead to disputes over land rights. They might express concerns about the implications for current landowners and the potential for economic disruption in areas affected by the bill.