senate Bill S3508

2011-2012 Legislative Session

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

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 04, 2012 referred to finance
Feb 24, 2011 referred to finance

Co-Sponsors

S3508 - Details

Law Section:
Budget Bills
Laws Affected:
Amd Part NN ยง3, Chap 57 of 2008
Versions Introduced in 2009-2010 Legislative Session:
S6276

S3508 - Summary

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

S3508 - Sponsor Memo

S3508 - Bill Text download pdf

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

                                  3508

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 24, 2011
                               ___________

Introduced  by  Sen. BONACIC -- read twice and ordered printed, and when
  printed to be committed to the Committee on Finance

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-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01907-02-1

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