Do you support this bill?

Senate Bill S2584

2011-2012 Legislative Session

Provides that 25 per centum of rental surcharges paid by tenant is allocable for real estate taxes and mortgage interest

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Housing, Construction And Community Development Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

2011-S2584 (ACTIVE) - Details

Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §31, Priv Hous Fin L
Versions Introduced in 2009-2010 Legislative Session:
S462

2011-S2584 (ACTIVE) - Summary

Provides that 25% of the amount of any rental surcharge paid by a tenant of a limited-profit (Mitchell-Lama) housing company project shall be deemed to have been directly imposed on the tenant by the municipality for real estate taxes and/or mortgage interest and to have been directly paid by the tenant to the municipality for such purposes.

2011-S2584 (ACTIVE) - Sponsor Memo

2011-S2584 (ACTIVE) - Bill Text download pdf 

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

                                  2584

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 26, 2011
                               ___________

Introduced  by  Sen.  KRUGER -- read twice and ordered printed, and when
  printed to be committed to the Committee on Housing, Construction  and
  Community Development

AN  ACT  to amend the private housing finance law, in relation to rental
  surcharges in certain cases

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

  Section  1.   Section 31 of the private housing finance law is amended
by adding a new subdivision 4-a to read as follows:
  4-A. TWENTY-FIVE PERCENT OF THE AMOUNT OF ANY RENTAL SURCHARGE PAID BY
A TENANT SHALL BE DEEMED TO HAVE BEEN:
  (A) DIRECTLY IMPOSED ON SUCH  TENANT  BY  THE  MUNICIPALITY  FOR  REAL
ESTATE  TAXES AND/OR MORTGAGE INTEREST FOR WHICH THE HOUSING COMPANY HAS
OTHERWISE BEEN SUBSIDIZED; AND
  (B) DIRECTLY  PAID  BY  SUCH  TENANT  TO  THE  MUNICIPALITY  FOR  SUCH
PURPOSES.
  S 2.  This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07260-01-1

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.