Senate Bill S5084A

2013-2014 Legislative Session

Provides that the rental rates for housing accommodations within limited-profit housing company projects in the city of New York which are municipally aided, shall be set by the rent guidelines board; repealer

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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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Bill Amendments

2013-S5084 - Details

Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §31, rpld sub 5, Priv Hous Fin L

2013-S5084 - Summary

Provides that the rental rates for housing accommodations within limited-profit housing company projects in the city of New York which are municipally aided, shall be set by the city rent guidelines board; provides for the payment of a rent surcharge by tenants otherwise subject to income decontrol.

2013-S5084 - Sponsor Memo

2013-S5084 - Bill Text download pdf

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

                                  5084

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               May 8, 2013
                               ___________

Introduced  by  Sen.  YOUNG  -- 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 rentals
  and selection of tenants in limited-profit housing  company  projects;
  and  to  repeal  subdivision  5  of section 31 of such law relating to
  continued occupancy by certain tenants in such projects

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

  Section  1. Subdivision 1 of section 31 of the private housing finance
law is amended by adding a new paragraph (a-1) to read as follows:
  (A-1) NOTWITHSTANDING ANY INCONSISTENT PROVISION OF ANY OTHER GENERAL,
SPECIAL OR LOCAL LAW, WITH RESPECT TO MUNICIPALLY-AIDED  PROJECTS  IN  A
CITY  WITH A POPULATION OF ONE MILLION OR MORE, UNLESS THE COMPANY NOTI-
FIES THE SUPERVISING AGENCY IN ACCORDANCE WITH PROCEDURES ESTABLISHED BY
RULE OF SUCH AGENCY THAT IT DOES NOT REQUIRE AN INCREASE IN  ITS  RENTAL
RATE  OR  IS  MAKING  APPLICATION FOR A PROJECT-SPECIFIC INCREASE IN ITS
RENTAL RATE, THE RENTAL RATE FOR THE DWELLINGS IN ANY SUCH PROJECT SHALL
BE INCREASED ANNUALLY ON JULY FIRST IN AN AMOUNT EQUAL TO THE  ONE  YEAR
RENEWAL  LEASE GUIDELINE PROMULGATED BY THE RENT GUIDELINES BOARD OF THE
CITY OF NEW YORK THEN IN EFFECT, AND  NO  FURTHER  PROCEDURES  SHALL  BE
REQUIRED  TO EFFECTUATE SUCH RENTAL RATE INCREASES. WITH RESPECT TO SUCH
MUNICIPALLY-AIDED PROJECTS, WHERE THE COMPANY HAS NOTIFIED THE SUPERVIS-
ING AGENCY IN ACCORDANCE WITH SUCH ESTABLISHED PROCEDURES THAT  IT  DOES
NOT REQUIRE ANY INCREASE IN ITS RENTAL RATE OR IS MAKING APPLICATION FOR
A  PROJECT-SPECIFIC  INCREASE  IN ITS RENTAL RATE, OR IF THE SUPERVISING
AGENCY DETERMINES THAT SUCH PROJECT REQUIRES AN INCREASE IN RENTAL  RATE
OTHER  THAN THE ONE YEAR RENEWAL LEASE GUIDELINE PROMULGATED BY THE RENT
GUIDELINES BOARD OF THE CITY OF NEW YORK,  THE  SUPERVISING  AGENCY  MAY
VARY  SUCH  RENTAL  RATE FOR SUCH PROJECT FROM SUCH GUIDELINE ON NO MORE
THAN AN ANNUAL BASIS PROVIDED THAT  THE  ALTERNATIVE  RENTAL  RATE  WILL

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10667-03-3
              

2013-S5084A (ACTIVE) - Details

Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §31, rpld sub 5, Priv Hous Fin L

2013-S5084A (ACTIVE) - Summary

Provides that the rental rates for housing accommodations within limited-profit housing company projects in the city of New York which are municipally aided, shall be set by the city rent guidelines board; provides for the payment of a rent surcharge by tenants otherwise subject to income decontrol.

2013-S5084A (ACTIVE) - Sponsor Memo

2013-S5084A (ACTIVE) - Bill Text download pdf

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

                                 5084--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               May 8, 2013
                               ___________

Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Housing, Construction  and
  Community  Development  --  recommitted  to  the Committee on Housing,
  Construction and Community Development in accordance with Senate  Rule
  6,  sec. 8 -- committee discharged, bill amended, ordered reprinted as
  amended and recommitted to said committee

AN ACT to amend the private housing finance law, in relation to  rentals
  and  selection  of tenants in limited-profit housing company projects;
  and to repeal subdivision 5 of section 31  of  such  law  relating  to
  continued occupancy by certain tenants in such projects

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

  Section 1. Subdivision 1 of section 31 of the private housing  finance
law is amended by adding a new paragraph (a-1) to read as follows:
  (A-1) NOTWITHSTANDING ANY INCONSISTENT PROVISION OF ANY OTHER GENERAL,
SPECIAL  OR  LOCAL  LAW, WITH RESPECT TO MUNICIPALLY-AIDED PROJECTS IN A
CITY WITH A POPULATION OF ONE MILLION OR MORE, UNLESS THE COMPANY  NOTI-
FIES THE SUPERVISING AGENCY IN ACCORDANCE WITH PROCEDURES ESTABLISHED BY
RULE  OF  SUCH AGENCY THAT IT DOES NOT REQUIRE AN INCREASE IN ITS RENTAL
RATE OR IS MAKING APPLICATION FOR A  PROJECT-SPECIFIC  INCREASE  IN  ITS
RENTAL RATE, THE RENTAL RATE FOR THE DWELLINGS IN ANY SUCH PROJECT SHALL
BE  INCREASED  ANNUALLY ON JULY FIRST IN AN AMOUNT EQUAL TO THE ONE YEAR
RENEWAL LEASE GUIDELINE PROMULGATED BY THE RENT GUIDELINES BOARD OF  THE
CITY  OF  NEW  YORK  THEN  IN EFFECT, AND NO FURTHER PROCEDURES SHALL BE
REQUIRED TO EFFECTUATE SUCH RENTAL RATE INCREASES. WITH RESPECT TO  SUCH
MUNICIPALLY-AIDED PROJECTS, WHERE THE COMPANY HAS NOTIFIED THE SUPERVIS-
ING  AGENCY  IN ACCORDANCE WITH SUCH ESTABLISHED PROCEDURES THAT IT DOES
NOT REQUIRE ANY INCREASE IN ITS RENTAL RATE OR IS MAKING APPLICATION FOR
A PROJECT-SPECIFIC INCREASE IN ITS RENTAL RATE, OR  IF  THE  SUPERVISING
AGENCY  DETERMINES THAT SUCH PROJECT REQUIRES AN INCREASE IN RENTAL RATE
OTHER THAN THE ONE YEAR RENEWAL LEASE GUIDELINE PROMULGATED BY THE  RENT

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10667-04-4
              

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