S09413 Summary:

BILL NOS09413
 
SAME ASSAME AS A10210
 
SPONSORCLEARE
 
COSPNSRJACKSON
 
MLTSPNSR
 
Amd §5, Chap 449 of 1986
 
Extends the authority of the local housing agency in New York city to restructure rents in certain residential buildings.
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S09413 Actions:

BILL NOS09413
 
05/15/2024REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
05/20/20241ST REPORT CAL.1244
05/21/20242ND REPORT CAL.
05/22/2024ADVANCED TO THIRD READING
05/28/2024SUBSTITUTED BY A10210
 A10210 AMEND= Rules (Alvarez)
 05/13/2024referred to housing
 05/21/2024reported referred to rules
 05/22/2024reported
 05/22/2024rules report cal.124
 05/22/2024ordered to third reading rules cal.124
 05/23/2024passed assembly
 05/23/2024delivered to senate
 05/23/2024REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
 05/28/2024SUBSTITUTED FOR S9413
 05/28/20243RD READING CAL.1244
 05/28/2024PASSED SENATE
 05/28/2024RETURNED TO ASSEMBLY
 06/26/2024delivered to governor
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S09413 Committee Votes:

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S09413 Floor Votes:

There are no votes for this bill in this legislative session.
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S09413 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9413
 
                    IN SENATE
 
                                      May 15, 2024
                                       ___________
 
        Introduced  by  Sen.  CLEARE  --  (at request of the NYC H.P.D.) -- read
          twice and ordered printed, and when printed to  be  committed  to  the
          Committee on Housing, Construction and Community Development
 
        AN  ACT  to  amend chapter 449 of the laws of 1986, amending the private
          housing finance law relating to establishing initial rents in  respect
          of certain loans to owners of existing multiple dwellings, 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 5 of chapter 449 of the laws of 1986, amending  the
     2  private  housing  finance  law relating to establishing initial rents in
     3  respect of certain loans to owners of existing  multiple  dwellings,  as
     4  amended  by  chapter  226  of  the  laws  of 2021, is amended to read as
     5  follows:
     6    § 5. This  act  shall  take  effect  immediately;  provided  that  the
     7  provisions  of  sections  one,  two and four of this act shall remain in
     8  full force and effect until and including June 30, [2024] 2027, provided
     9  further that dwelling units made subject to the rent  stabilization  law
    10  of  nineteen  hundred  sixty-nine  pursuant to such sections of this act
    11  shall continue to remain subject to such law.
    12    § 2. This act shall take effect immediately; provided,  however,  that
    13  if  this  act  shall  have become a law after June 30, 2024, it shall be
    14  deemed to have been in full force and effect on and after June 30, 2024.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
        S                                                          LBD15467-01-4
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