Assembly Bill A10140

2009-2010 Legislative Session

Authorizes the use of surplus funds from the greater Catskills flood remediation program by Ulster county

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Archive: Last Bill Status - In Assembly Committee


  • 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-A10140 (ACTIVE) - Details

See Senate Version of this Bill:
S6276
Current Committee:
Assembly Housing
Law Section:
Budget Bills
Laws Affected:
Amd Part NN §3, Chap 57 of 2008
Versions Introduced in 2011-2012 Legislative Session:
A125, S3508

2009-A10140 (ACTIVE) - Summary

Authorizes the use of surplus funds from the greater Catskills flood remediation program by Ulster county.

2009-A10140 (ACTIVE) - Sponsor Memo

2009-A10140 (ACTIVE) - Bill Text download pdf

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

                                  10140

                          I N  A S S E M B L Y

                              March 5, 2010
                               ___________

Introduced by M. of A. CAHILL -- read once and referred to the Committee
  on Housing

AN  ACT  to amend section 3 of part NN of chapter 57 of the laws of 2008
  relating to authorizing the New York state mortgage agency to transfer
  certain moneys, in relation to the  use  of  surplus  funds  from  the
  greater Catskills flood remediation program

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

  Section 1. Section 3 of part NN of chapter 57  of  the  laws  of  2008
relating  to  authorizing the New York state mortgage agency to transfer
certain moneys, as amended by section 1 of part B of chapter  2  of  the
laws of 2009, is amended to read as follows:
  S 3. (A) Within the amounts transferred to the corporation pursuant to
section  one  of  this  act  for the greater Catskills flood remediation
program, the corporation shall provide funds to the counties of  Broome,
Chenango,  Delaware,  Herkimer,  Montgomery,  Orange, Otsego, Schoharie,
Sullivan, Tioga and Ulster, upon application by a county and within  the
amounts  available  for disbursement to such county, to enable the coun-
ties to purchase and demolish one or two family  homes  that  have  been
certified  by  the local building inspector and county emergency manage-
ment director, to the satisfaction of the corporation,  as  having  been
subject  to one or more incidents of flooding since April 1, 2004 and as
likely to be subject  to  a  future  flood  incident  that  would  cause
substantial damage thereto. Any application by a county for disbursement
of  funds  under  this act shall demonstrate, to the satisfaction of the
corporation, that: (1) the home is occupied as the primary residence  of
an  owner with a family income of up to one hundred fifty percent of the
area median income as defined by the United States department of housing
and urban development, provided, however,  that  an  otherwise  eligible
home  shall be eligible for purchase under this act if the current owner
can demonstrate that the home was occupied as the owner's primary  resi-
dence prior to a flood event that rendered the home unsuitable for habi-
tation;  (2) the current appraised value of the home does not exceed two
hundred fifty thousand dollars and the purchase price for the home  will

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

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