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A01285 Summary:

BILL NOA01285
 
SAME ASSAME AS S03118
 
SPONSORDinowitz (MS)
 
COSPNSRLopez V
 
MLTSPNSRFarrell, Pheffer
 
Amd S156, Pub Hous L; amd SS31 & 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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