Senate Bill S3118

2011-2012 Legislative Session

Defines probable aggregate annual income for the tenant's eligibility under guidelines set for housing authority

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Sponsored By

Archive: Last Bill Status - In Senate Committee Housing, Construction And Community Development 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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2011-S3118 (ACTIVE) - Details

See Assembly Version of this Bill:
A1285
Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Public Housing Law
Laws Affected:
Amd §156, Pub Hous L; amd §§31 & 85-a, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: A833
2013-2014: S1823, A618
2015-2016: S3570, A124
2017-2018: S2378, A2497
2019-2020: S3357, A3247
2021-2022: S2017, A3274
2023-2024: S4968, A2179

2011-S3118 (ACTIVE) - Summary

Defines "probable aggregate annual income" for purposes of determining eligibility for limited profit and limited dividend housing companies, as the annual net income after federal, state and municipal income taxes are deducted from gross income of the chief wage earner.

2011-S3118 (ACTIVE) - Sponsor Memo

2011-S3118 (ACTIVE) - Bill Text download pdf

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

                                  3118

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 9, 2011
                               ___________

Introduced by Sen. ESPAILLAT -- 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 public housing law and the private  housing  finance
  law, in relation to defining probable aggregate annual income

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

  Section 1. The closing paragraph of subdivision 1 of  section  156  of
the  public  housing law, as amended by chapter 893 of the laws of 1974,
is amended to read as follows:
  The "probable aggregate annual income" means the annual NET income [of
the chief wage earner of the family] AFTER FEDERAL, STATE AND  MUNICIPAL
INCOME TAXES ARE DEDUCTED FROM THE GROSS INCOME OF THE CHIEF WAGE EARNER
plus  all  other   income of other members of the family over the age of
twenty-one years, plus a proportion of the income of members  under  the
age of twenty-one years to be determined by the authority solely for the
purpose  of  establishing  rent to be paid except that the authority may
exclude a proportion of the income of other members of the  family  over
the  age  of twenty-one years for the purpose of determining eligibility
for admission or continued occupancy, or for establishing rental of such
family, or for all such purposes, subject to approval by the commission-
er with respect to state projects.
  S 2. Paragraph (a) of subdivision 2 of section 31 of the private hous-
ing finance law, as amended by chapter 260  of  the  laws  of  1996,  is
amended to read as follows:
  (a) The dwelling or non-housekeeping accommodations without board in a
company project shall be available for persons or families of low income
whose  probable  aggregate  annual  income  at the time of admission and
during the period of occupancy does not exceed, the greater of  (i)  the
median  income for such persons or families for the metropolitan statis-
tical area in which the project is located, or if a project  is  located

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04382-01-1
              

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