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S09454 Summary:

BILL NOS09454
 
SAME ASSAME AS A10218
 
SPONSORJACKSON
 
COSPNSR
 
MLTSPNSR
 
Amd §6, Chap 777 of 1986
 
Extends the provisions relating to small loans to owners of multiple dwellings to remove substandard or insanitary conditions.
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S09454 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9454
 
                    IN SENATE
 
                                      May 15, 2024
                                       ___________
 
        Introduced  by  Sen.  JACKSON  -- (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 777 of the laws of 1986, amending the private
          housing finance law relating to small  loans  to  owners  of  multiple
          dwellings  to remove substandard or insanitary conditions, in relation
          to extending 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 6 of chapter 777 of the laws of 1986, amending the
     2  private housing finance law relating to small loans to owners of  multi-
     3  ple dwellings to remove substandard or insanitary conditions, as amended
     4  by chapter 179 of the laws of 2021, is amended to read as follows:
     5    §  6.  This  act  shall  take  effect  immediately;  provided that the
     6  provisions of sections three, four and five of this act shall remain  in
     7  full force and effect until and including June 30, [2024] 2027.
     8    §  2.  This act shall take effect immediately; provided, however, that
     9  if this act shall have become a law after June 30,  2024,  it  shall  be
    10  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.
                                                                   LBD15466-01-4
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