Bill Text: NY A10223 | 2023-2024 | General Assembly | Amended


Bill Title: Extends expiration of authority granted to the department of housing preservation and development of the city of New York to restructure rents of dwelling units in buildings foreclosed upon by the federal government.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed) 2024-05-28 - RETURNED TO ASSEMBLY [A10223 Detail]

Download: New_York-2023-A10223-Amended.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                        10223--A

                   IN ASSEMBLY

                                      May 14, 2024
                                       ___________

        Introduced by COMMITTEE ON RULES -- (at request of M. of A. Zinerman) --
          read  once  and  referred  to  the  Committee  on Housing -- committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee

        AN ACT to amend chapter 253 of the laws of  2004  amending  the  private
          housing  finance  law  relating  to  rehabilitated  multiple dwellings
          acquired and reconveyed by the federal government, in relation to  the
          effectiveness thereof

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

     1    Section 1. Section 2 of chapter 253 of the laws of 2004  amending  the
     2  private housing finance law relating to rehabilitated multiple dwellings
     3  acquired and reconveyed by the federal government, as amended by chapter
     4  178 of the laws of 2021, is amended to read as follows:
     5    §  2.  This  act shall take effect immediately and shall expire and be
     6  deemed repealed June 30, [2024] 2027.
     7    § 2. This act shall take effect immediately; provided,  however,  that
     8  if  this act shall have become a law after June 30, 2024, this act shall
     9  take effect immediately and shall be deemed to have been in  full  force
    10  and effect on and after June 30, 2024.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15550-02-4
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