NY S04435 | 2015-2016 | General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 20 2015 - 25% progression, died in committee
Action: 2016-01-06 - REFERRED TO JUDICIARY
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Sets up rules and regulations for the operation of lease-hold retirement communities to provide adequate housing for senior citizens wishing to retire and locate in a lease-hold retirement community; grants owners of homes in lease-hold retirement communities the right to sell their homes by methods common to sales of residential property; requires that owners of lease-hold retirement communities offer owners of homes the option to sign a long-term ninety-nine year lease.

Tracking Information

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Title

Sets up rules and regulations for the operation of lease-hold retirement communities to provide adequate housing for senior citizens wishing to retire and locate in a lease-hold retirement community; grants owners of homes in lease-hold retirement communities the right to sell their homes by methods common to sales of residential property; requires that owners of lease-hold retirement communities offer owners of homes the option to sign a long-term ninety-nine year lease.

Sponsors


History

DateChamberAction
2016-01-06SenateREFERRED TO JUDICIARY
2015-03-20SenateREFERRED TO JUDICIARY

Same As/Similar To

A06268 (Same As) 2016-01-06 - referred to aging

New York State Sources


Bill Comments

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