S T A T E O F N E W Y O R K ________________________________________________________________________ 5504 2009-2010 Regular Sessions I N A S S E M B L Y February 13, 2009 ___________ Introduced by M. of A. BOYLAND -- read once and referred to the Commit- tee on Housing AN ACT to amend the public housing law, in relation to requiring the division of housing and community renewal to provide a financial education course to certain persons with credit problems THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Section 14 of the public housing law is amended by adding a 2 new subdivision 6 to read as follows: 3 6. THE COMMISSIONER IS AUTHORIZED AND DIRECTED TO PROVIDE A FINANCIAL 4 EDUCATION COURSE TO THOSE PERSONS WHO CAN PROVE THAT THEY HAVE A CREDIT 5 SCORE UNDER 620 AS VERIFIED BY A REPUTABLE CREDIT REPORTING AGENCY. THE 6 COMMISSIONER SHALL PROMULGATE RULES AND REGULATIONS WHICH SHALL CONTAIN 7 THE LOCATIONS, DATES, FEES, ADMISSION REQUIREMENTS, AND THE CURRICULUM 8 FOR SUCH COURSES. 9 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08904-01-9