Bill Text: NY S06433 | 2019-2020 | General Assembly | Introduced
Bill Title: Increases the annual amount of loans authorized to be made to an agricultural producer from the housing development fund.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-01-08 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT [S06433 Detail]
Download: New_York-2019-S06433-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6433 2019-2020 Regular Sessions IN SENATE June 11, 2019 ___________ Introduced by Sen. METZGER -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the private housing finance law, in relation to increas- ing the annual amount of loans made to an agricultural producer from the housing development fund The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (b) of subdivision 2 of section 576-d of the 2 private housing finance law, as amended by chapter 428 of the laws of 3 2004, is amended to read as follows: 4 (b) the total amount of loans made to any single agricultural producer 5 shall not exceed [one] two hundred thousand dollars per annum; 6 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11268-01-9