NY A05752 | 2009-2010 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 19 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to housing
Pending: Assembly Housing Committee
Text: Latest bill text (Introduced) [HTML]

Summary

This bill makes several needed reforms in the law governing the conversion and operation of cooperatives and condominiums. It would: (1) ensure that serious violations of housing conditions are addressed in the filing plan; (2) increase sponsors' financial responsibility obligations; (3) increase the percentage of tenants who must purchase apartments before a non-eviction plan may be declared effective and (4) provide for more expeditious board control by residents.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

An act to amend the general business law, in relation to the physical condition of a building being converted to cooperative or condominium ownership, to ensure the financial solvency of cooperative apartment corporations, to amend provisions relating to non-eviction plans and to provide for the election of shareholders

Sponsors


History

DateChamberAction
2010-01-06 referred to housing
2009-02-19 referred to housing

New York State Sources


Bill Comments

feedback