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Assembly Bill A857

2009-2010 Legislative Session

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

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Archive: Last Bill Status - Stricken

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Bill Amendments

2009-A857 - Details

2009-A857 - 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-A857 - Bill Text download pdf

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

                                   857

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 7, 2009
                               ___________

Introduced  by  M. of A. BING, V. LOPEZ, GREENE, MILLMAN, MARKEY, ROSEN-
  THAL, BENEDETTO, WRIGHT, CAMARA, ESPAILLAT, BENJAMIN, PHEFFER, TITONE,
  JEFFRIES, MAISEL, LANCMAN, O'DONNELL, DINOWITZ,  KAVANAGH,  P. RIVERA,
  TITUS,  CYMBROWITZ,  SPANO,  POWELL  -- Multi-Sponsored by -- M. of A.
  BOYLAND, BRENNAN, BROOK-KRASNY, COLTON, COOK,  DIAZ,  FARRELL,  GLICK,
  GOTTFRIED,  HEASTIE, HEVESI, KELLNER, MAYERSOHN, J. RIVERA, N. RIVERA,
  TOWNS, WALKER -- 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)
ARE  LOCATED  IN  A  CITY WITH A POPULATION OF ONE MILLION OR MORE; (II)
PRIOR TO THE DISSOLUTION DATE WERE  OPERATED  AS  A  RENTAL  DEVELOPMENT
PURSUANT  TO  THIS ARTICLE; AND (III) 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.

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

co-Sponsors

multi-Sponsors

2009-A857A (ACTIVE) - Details

2009-A857A (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-A857A (ACTIVE) - Bill Text download pdf

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

                                 857--A
                                                         Cal. No. 41

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 7, 2009
                               ___________

Introduced by M. of A. BING, V. LOPEZ, MILLMAN, MARKEY, ROSENTHAL, BENE-
  DETTO, WRIGHT, CAMARA, ESPAILLAT, BENJAMIN, PHEFFER, TITONE, JEFFRIES,
  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, COOK, FARRELL, GLICK,
  GOTTFRIED, HEASTIE, HEVESI, KELLNER, MAYERSOHN, J. RIVERA,  N. RIVERA,
  TOWNS  --  read  once  and  referred  to  the  Committee on Housing --
  reported from committee, advanced to  a  third  reading,  amended  and
  ordered reprinted, retaining its place on the order of third reading

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-

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

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