STATE OF NEW YORK
________________________________________________________________________
7402
2019-2020 Regular Sessions
IN ASSEMBLY
May 1, 2019
___________
Introduced by M. of A. LUPARDO -- read once and referred to the Commit-
tee on Housing
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