Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 30, 2014 |
signed chap.76 delivered to governor |
Jun 02, 2014 |
returned to senate passed assembly ordered to third reading cal.717 substituted for a9362 |
May 29, 2014 |
referred to ways and means delivered to assembly passed senate |
Apr 30, 2014 |
advanced to third reading |
Apr 29, 2014 |
2nd report cal. |
Apr 28, 2014 |
1st report cal.382 |
Mar 25, 2014 |
referred to housing, construction and community development |
Senate Bill S6885
Signed By Governor2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2013-S6885 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9362
- Law Section:
- Housing
- Laws Affected:
- Amd §6, Chap 777 of 1986
2013-S6885 (ACTIVE) - Sponsor Memo
BILL NUMBER:S6885 TITLE OF BILL: An act to amend chapter 777 of the laws of 1986 amending the private housing finance law relating to small loans to owners of multiple dwellings to remove substandard or insanitary conditions, in relation to the effectiveness thereof SUMMARY OF PROVISIONS: This bill amends the Private Housing Finance Law ("PHFL") to extend the authority of the local housing agency in the City of New York to restructure rents in multiple dwellings that are receiving Article 8-A rehabilitation loans. Such rent restructuring authority currently expires on June 30, 2014. This extender would be effective for loans closed on or before June 30, 2018. REASONS FOR SUPPORT: Chapter 137 of the Laws of 2010 extended the authority of the local housing agency in the City of New York, the Department of Housing Preservation and Development ("HPD"), to establish initial rents in multiple dwellings that are receiving Article 8-A rehabilitation loans. Such rent restructuring authority currently expires on June 30, 2014. This legislation extends this authority to June 30, 2018. It is essential that the City of New York continue to have the
2013-S6885 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6885 I N S E N A T E March 25, 2014 ___________ Introduced by Sen. YOUNG -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Community Development AN ACT to amend chapter 777 of the laws of 1986 amending the private housing finance law relating to small loans to owners of multiple dwellings to remove substandard or insanitary conditions, in relation to the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 6 of chapter 777 of the laws of 1986 amending the private housing finance law relating to small loans to owners of multi- ple dwellings to remove substandard or insanitary conditions, as amended by chapter 137 of the laws of 2010, is amended to read as follows: S 6. This act shall take effect immediately; provided that the provisions of sections three, four and five of this act shall remain in full force and effect until and including June 30, [2014] 2018. S 2. This act shall take effect immediately; provided, however, that if this act shall have become a law after June 30, 2014, it shall take effect immediately and shall be deemed to have been in full force and effect on and after June 30, 2014. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14527-01-4
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