Bill Text: NY S02700 | 2019-2020 | General Assembly | Introduced

New York Senate Bill 2700 (Prior Session Legislation)

Introduced

Bill Title: Relates to increasing the maximum civil penalty from $500 to $1000 per day per property for each day the mortgagee or agent of the mortgagee has been in violation.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-12-28 - COMMITTED TO RULES [S02700 Detail]

Download: New_York-2019-S02700-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          2700
                               2019-2020 Regular Sessions
                    IN SENATE
                                    January 29, 2019
                                       ___________
        Introduced  by  Sen. KENNEDY -- read twice and ordered printed, and when
          printed to be committed to the Committee on Housing, Construction  and
          Community Development
        AN  ACT  to  amend  the  real  property  actions and proceedings law, in
          relation to increasing the maximum civil penalty
          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 8 of section 1308 of the real
     2  property actions and proceedings law, as added by section 1 of part Q of
     3  chapter 73 of the laws of 2016, is amended to read as follows:
     4    (a) Violations of this section may be heard before a  hearing  officer
     5  or  a  court of competent jurisdiction. If it shall appear to the satis-
     6  faction of the hearing officer or the court, based on the  preponderance
     7  of the evidence, that the mortgagee or agent of a mortgagee has violated
     8  this  section,  a  civil penalty may be issued by the hearing officer or
     9  the court in the amount of up to [five hundred] one thousand dollars per
    10  day per property for each day the violation persisted.
    11    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03659-01-9