Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 29, 2010 |
signed chap.142 |
Jun 25, 2010 |
delivered to governor |
May 24, 2010 |
returned to senate passed assembly ordered to third reading cal.933 substituted for a10986 |
Mar 11, 2010 |
referred to housing delivered to assembly passed senate |
Mar 03, 2010 |
advanced to third reading |
Mar 02, 2010 |
2nd report cal. |
Mar 01, 2010 |
1st report cal.181 |
Feb 03, 2010 |
referred to housing, construction and community development |
Senate Bill S6753
Signed By Governor2009-2010 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - Signed by Governor
- 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
Actions
Votes
2009-S6753 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10986
- Law Section:
- Private Housing Finance Law
- Laws Affected:
- Amd §5, Chap 449 of 1986
2009-S6753 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6753 TITLE OF BILL : An act to amend chapter 449 of the laws of 1986 amending the private housing finance law relating to establishing initial rents in respect of certain loans to owners of existing multiple dwellings, in relation to the effective date thereof SUMMARY OF PROVISIONS : This bill extends the existing authority of the local housing agency in the city of New York to restructure rents in residential buildings that have received low-interest, municipally-financed rehabilitation loans under Article 8 of the Private Housing Finance Law ("PHFL"). Currently, the ability to restructure rents expires on June 30, 2010. This extender would be effective for loans closed on or before June 30, 2014. REASONS FOR SUPPORT : Chapter 133 of the Laws of 2006 extended the ability of the local housing agency in the City of New York, the Department of Housing Preservation and Development ("HPD"), to restructure rents in dwelling units rehabilitated after June 30, 2002. This authority expires on
2009-S6753 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6753 I N S E N A T E February 3, 2010 ___________ Introduced by Sen. ESPADA -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Community Development AN ACT to amend chapter 449 of the laws of 1986 amending the private housing finance law relating to establishing initial rents in respect of certain loans to owners of existing multiple dwellings, in relation to the effective date thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 5 of chapter 449 of the laws of 1986 amending the private housing finance law relating to establishing initial rents in respect of certain loans to owners of existing multiple dwellings, as amended by chapter 133 of the laws of 2006, is amended to read as follows: S 5. This act shall take effect immediately; provided that the provisions of sections one, two and four of this act shall remain in full force and effect until and including June 30, [2010] 2014, provided further that dwelling units made subject to the rent stabilization law of nineteen hundred sixty-nine pursuant to such sections of this act shall continue to remain subject to such law. S 2. This act shall take effect immediately; provided, however, that if this act shall have become a law after June 30, 2010, it shall be deemed to have been in full force and effect on and after June 30, 2010. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15732-01-0
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