Bill Text: NY A10560 | 2017-2018 | General Assembly | Introduced


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

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2018-07-01 - signed chap.96 [A10560 Detail]

Download: New_York-2017-A10560-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          10560
                   IN ASSEMBLY
                                       May 7, 2018
                                       ___________
        Introduced  by  M. of A. WALKER, CYMBROWITZ -- read once and referred to
          the Committee on Housing
        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  63 of the laws of 2014, is amended to read as follows:
     5    §  2.  This  act shall take effect immediately and shall expire and be
     6  deemed repealed June 30, [2018] 2021.
     7    § 2. This act shall take effect immediately; provided,  however,  that
     8  if  this act shall have become a law after June 30, 2018, 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, 2018.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15750-01-8
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