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Senate Bill S8431

2009-2010 Legislative Session

Provides for the declaration of housing emergencies for rental housing accommodations located in buildings owned by certain limited-profit housing companies

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Archive: Last Bill Status Via A2498 - On Floor Calendar

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2009-S8431 (ACTIVE) - Details

See Assembly Version of this Bill:
A2498
Law Section:
Emergency Tenant Protection Act of 1974
Laws Affected:
Amd ยง5, Emerg Ten Prot Act of 1974
Versions Introduced in Other Legislative Sessions:
2011-2012: A2750
2013-2014: A4051
2015-2016: A2917
2017-2018: A3541
2019-2020: A3851
2021-2022: A3268

2009-S8431 (ACTIVE) - Summary

Provides for the declaration of housing emergencies for rental housing accommodations located in buildings owned by certain limited-profit housing companies.

2009-S8431 (ACTIVE) - Sponsor Memo

2009-S8431 (ACTIVE) - Bill Text download pdf 

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

                                  8431

                            I N  S E N A T E

                              July 8, 2010
                               ___________

Introduced  by COMMITTEE ON RULES -- read twice and ordered printed, and
  when printed to be committed to the Committee on Rules

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:

  Section 1. Section 5 of section 4 of chapter 576 of the laws of  1974,
constituting  the  emergency  tenant protection act of nineteen seventy-
four, is amended by adding a new subdivision c to read as follows:
  C. NOTWITHSTANDING THE PROVISIONS OF PARAGRAPH THREE OR FIVE OF SUBDI-
VISION A OF THIS SECTION BUT SUBJECT TO ANY OTHER APPLICABLE  EXCEPTIONS
IN  SUCH  SUBDIVISION, NOTHING SHALL PREVENT THE DECLARATION OF AN EMER-
GENCY PURSUANT TO SECTION THREE OF THIS ACT FOR RENTAL HOUSING  ACCOMMO-
DATIONS  LOCATED  IN BUILDINGS WHICH WERE OWNED BY A COMPANY ESTABLISHED
UNDER ARTICLE 2 OF THE PRIVATE HOUSING FINANCE LAW, OTHER THAN A  MUTUAL
COMPANY,  BY REASON OF A VOLUNTARY DISSOLUTION PURSUANT TO SECTION 35 OF
SUCH LAW. THE PROVISION OF SUBDIVISION A OF SECTION  NINE  OF  THIS  ACT
SHALL  NOT  APPLY  TO  ANY HOUSING ACCOMMODATION WHICH BECAME SUBJECT TO
THIS ACT PURSUANT TO THIS SUBDIVISION.
  S 2. This act shall take effect immediately and shall apply to housing
companies that dissolve before, on or after such date; provided,  howev-
er,  that the amendments to the emergency tenant protection act of nine-
teen seventy-four made by this act shall not affect  the  expiration  of
such  act  as provided in section 17 of chapter 576 of the laws of 1974,
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.
                                                           LBD02171-01-9

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