Bill Text: NY A04598 | 2019-2020 | General Assembly | Amended

New York Assembly Bill 4598 (Prior Session Legislation)

Bill Title: Provides for preferences under the affordable home ownership development program for service related disabled veterans.

Spectrum: Partisan Bill (Republican 4-0)

Status: (Introduced - Dead) 2020-07-16 - held for consideration in housing [A04598 Detail]

Download: New_York-2019-A04598-Amended.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                         4598--A

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                    February 4, 2019
                                       ___________

        Introduced  by  M.  of  A.  HAWLEY,  WALSH,  MANKTELOW  -- read once and
          referred to the Committee on Housing -- recommitted to  the  Committee
          on  Housing  in  accordance  with Assembly Rule 3, sec. 2 -- committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee

        AN ACT to amend the private housing finance law, in relation to  prefer-
          ences  under  the  affordable  home  ownership development program for
          service related disabled veterans

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Paragraph  (a)  of  subdivision  3 of section 1112 of the
     2  private housing finance law, as amended by chapter 898 of  the  laws  of
     3  1986, is amended to read as follows:
     4    (a) Serve the lowest income households in the applicable region and is
     5  designed  to continue to be affordable to such households for a substan-
     6  tial period of time[.] or serve households in which the home buyer is  a
     7  service related disabled veteran.
     8    For purposes of this section, "service related disabled veteran" shall
     9  mean  a  person  (i)  who  served  in the active military, naval, or air
    10  service, or who was a recipient of the armed forces expeditionary medal,
    11  navy expeditionary medal, marine corps expeditionary  medal,  or  global
    12  war on terrorism expeditionary medal, and who was discharged or released
    13  therefrom under honorable conditions, (ii) has been awarded a disability
    14  rating  of  forty  percent or higher from the federal veteran's adminis-
    15  tration or from the United States  department  of  defense,  where  that
    16  disability was incurred in line of duty in the active military, naval or
    17  air  service,  as  documented  according  to rules and regulations to be
    18  promulgated by the division.
    19    § 2. This act shall take effect on the thirtieth day  after  it  shall
    20  have become a law.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01743-03-0