Assembly Bill A9854

2009-2010 Legislative Session

Provides that in N.Y. city, the rent following the dissolution date shall be the last rent authorized for the affected dwelling

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Sponsored By

Archive: Last Bill Status - On Floor Calendar

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2009-A9854 (ACTIVE) - Details

See Senate Version of this Bill:
S1863
Law Section:
Private Housing Finance Law
Laws Affected:
Add §35-a, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2011-2012: A1926, S531
2013-2014: A1128
2015-2016: A723
2017-2018: A4159
2019-2020: A957
2021-2022: A1904
2023-2024: A467

2009-A9854 (ACTIVE) - Summary

Provides that in cities with a population of one million or more, the rent following the dissolution date of Mitchell-Lama developments shall be the last rent authorized for the affected dwelling.

2009-A9854 (ACTIVE) - Sponsor Memo

2009-A9854 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  9854

                          I N  A S S E M B L Y

                            February 3, 2010
                               ___________

Introduced  by  M.  of A. ROSENTHAL, BING, V. LOPEZ, BENEDETTO, MILLMAN,
  JEFFRIES, ROBINSON, ESPAILLAT, COOK, WRIGHT, CAMARA, MARKEY, BENJAMIN,
  PHEFFER,  TITONE,  MAISEL,  LANCMAN,  O'DONNELL,  DINOWITZ,  KAVANAGH,
  P. RIVERA,  TITUS,  CYMBROWITZ, SPANO, POWELL, COLTON, BROOK-KRASNY --
  Multi-Sponsored by -- M.  of  A.  BARRON,  BOYLAND,  BRENNAN,  CASTRO,
  FARRELL,   GLICK,  GOTTFRIED,  HEASTIE,  HEVESI,  KELLNER,  MAYERSOHN,
  J. RIVERA, N. RIVERA, TOWNS -- read once and referred to the Committee
  on Housing

AN ACT to amend the private housing finance law, in relation to  limited
  profit housing companies in a city with a population of one million or
  more

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The private housing finance law is amended by adding a  new
section 35-a to read as follows:
  S  35-A.  RENT  FOLLOWING DISSOLUTION. 1. AS USED IN THIS SECTION, THE
FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  (A) "AFFECTED DEVELOPMENT" SHALL MEAN HOUSING ACCOMMODATIONS THAT  (I)
PRIOR  TO  THE  DISSOLUTION  DATE  WERE OPERATED AS A RENTAL DEVELOPMENT
PURSUANT TO THIS ARTICLE; AND (II) FOLLOWING THE  DISSOLUTION  DATE  ARE
SUBJECT  TO THE RENT STABILIZATION LAW OF NINETEEN HUNDRED SIXTY-NINE OR
THE EMERGENCY TENANT PROTECTION ACT OF NINETEEN SEVENTY-FOUR.
  (B) "AFFECTED DWELLING UNIT" SHALL MEAN A HOUSING UNIT IN AN  AFFECTED
DEVELOPMENT.
  (C)  "AFFECTED  HOUSING  COMPANY"  SHALL MEAN A LIMITED-PROFIT HOUSING
COMPANY WITH AN AFFECTED DEVELOPMENT.
  (D) "DISSOLUTION DATE" SHALL MEAN, WITH RESPECT TO ANY AFFECTED DEVEL-
OPMENT, THE DATE OF DISSOLUTION OR RECONSTITUTION OF THE AFFECTED  HOUS-
ING   COMPANY   WITH  SUCH  AFFECTED  DEVELOPMENT  PURSUANT  TO  SECTION
THIRTY-FIVE OF THIS ARTICLE.
  2. NOTWITHSTANDING THE PROVISIONS OF ANY  GENERAL,  SPECIAL  OR  LOCAL
LAW, (I) THE INITIAL LEGAL REGULATED RENT FOR ANY AFFECTED DWELLING UNIT
ON  AND AFTER THE DISSOLUTION DATE SHALL BE THE LAST RENT AUTHORIZED FOR
THE AFFECTED DWELLING UNIT BEFORE THE DISSOLUTION DATE, INCLUDING RENTAL

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.

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