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S06774 Summary:

BILL NOS06774
 
SAME ASNo Same As
 
SPONSORJACKSON
 
COSPNSRSALAZAR
 
MLTSPNSR
 
Amd §156, Pub Hous L; amd §§31 & 85-a, Priv Hous Fin L
 
Defines "probable aggregate annual income" for purposes of determining eligibility for limited profit and limited dividend housing companies, as the annual net income after federal, state and municipal income taxes are deducted from gross income of the chief wage earner.
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