Bill Text: NY A10605 | 2017-2018 | General Assembly | Introduced
Bill Title: Extends the expiration of authority granted to the city of New York to restructure rent for units in multiple dwellings getting small loans to remove substandard or insanitary conditions.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2018-07-01 - signed chap.98 [A10605 Detail]
Download: New_York-2017-A10605-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 10605 IN ASSEMBLY May 8, 2018 ___________ Introduced by M. of A. EPSTEIN, CYMBROWITZ -- read once and referred to the Committee on Housing AN ACT to amend chapter 777 of the laws of 1986 amending the private housing finance law, relating to small loans to owners of multiple dwellings to remove substandard or insanitary conditions, 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 6 of chapter 777 of the laws of 1986 amending the 2 private housing finance law relating to small loans to owners of multi- 3 ple dwellings to remove substandard or insanitary conditions, as amended 4 by chapter 76 of the laws of 2014, is amended to read as follows: 5 § 6. This act shall take effect immediately; provided that the 6 provisions of sections three, four and five of this act shall remain in 7 full force and effect until and including June 30, [2018] 2021. 8 § 2. This act shall take effect immediately; provided, however, that 9 if this act shall have become law after June 30, 2018, this act shall 10 take effect immediately and shall be retroactive to and deemed to have 11 been in full force and effect on and after June 30, 2018. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15818-01-8
