Forfeit Bitcoins that are inactive for over 5 years to the State of New York - (200.12c)
Think for a minute. Lets say they do implement this. Now how are they going to execute and enforce this? One of the benefits of bitcoin is that it's yours, and you're in full control of it. The fundamentals of bitcoin does not operate within the law and regulation.
This is exactly what I was wondering. Unless they have some alien technology with some new form of maths that can crack private keys its safe to say his btc are outside the scope of the ny regulation.