Provides for the declaration of housing emergencies for rental housing accommodations located in buildings owned by certain limited-profit housing companies.
STATE OF NEW YORK
________________________________________________________________________
5119
2019-2020 Regular Sessions
IN SENATE
April 9, 2019
___________
Introduced by Sen. KAVANAGH -- read twice and ordered printed, and when
printed to be committed to the Committee on Housing, Construction and
Community Development
AN ACT to amend the emergency tenant protection act of nineteen seven-
ty-four, in relation to the declaration of housing emergencies for
rental housing accommodations located in buildings owned by certain
limited-profit housing companies
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 5 of section 4 of chapter 576 of the laws of 1974,
2 constituting the emergency tenant protection act of nineteen seventy-
3 four, is amended by adding a new subdivision c to read as follows:
4 c. Notwithstanding the provisions of paragraph three or five of subdi-
5 vision a of this section but subject to any other applicable exceptions
6 in such subdivision, rental housing accommodations located in buildings
7 which were owned by a company established under article 2 of the private
8 housing finance law, other than a mutual company, that voluntarily
9 dissolved pursuant to section 35 of such law shall be fully subject to
10 the provisions of this act. The provision of subdivision a of section
11 nine of this act shall not apply to any housing accommodation which
12 became subject to this act pursuant to this subdivision.
13 § 2. This act shall take effect immediately and shall apply to housing
14 companies that dissolve before, on or after such date; provided, howev-
15 er, that the amendments to the emergency tenant protection act of nine-
16 teen seventy-four made by this act shall not affect the expiration of
17 such act as provided in section 17 of chapter 576 of the laws of 1974,
18 as amended and shall be deemed to expire therewith.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD06632-01-9
