Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Sep 27, 2013 |
signed chap.372 |
Sep 17, 2013 |
delivered to governor |
Jun 20, 2013 |
returned to senate passed assembly ordered to third reading rules cal.538 substituted for a7245a |
Jun 17, 2013 |
referred to codes returned to assembly repassed senate |
Jun 10, 2013 |
amended on third reading 5167a |
Jun 10, 2013 |
vote reconsidered - restored to third reading |
Jun 07, 2013 |
returned to senate recalled from assembly |
May 30, 2013 |
referred to corporations, authorities and commissions delivered to assembly passed senate |
May 29, 2013 |
ordered to third reading cal.814 committee discharged and committed to rules |
May 13, 2013 |
referred to corporations, authorities and commissions |
Senate Bill S5167A
Signed By Governor2013-2014 Legislative Session
Sponsored By
(R, IP) Senate District
Archive: Last Bill Status - Signed by Governor
- 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
Actions
Votes
Bill Amendments
co-Sponsors
(D, WF) 63rd Senate District
2013-S5167 - Details
- See Assembly Version of this Bill:
- A7245
- Law Section:
- Not-for-Profit Corporation Law
- Laws Affected:
- Amd §§1603 & 1616, N-PC L
2013-S5167 - Sponsor Memo
BILL NUMBER:S5167 TITLE OF BILL: An act to amend the not-for-profit corporation law, in relation to the sale of property to land banks PURPOSE: To provide adjustments to the land banks of municipalities in New York State SUMMARY OF SPECIFIC PROVISIONS: Section 1 allows the board to expand the size of their board. Section 2 allows a land bank to acquire property via the sale pursuant to a county chatter, city charter, administrative code, or special law. JUSTIFICATION: The creation of land banks were provided for the following reasons: A crisis exists in many Upstate. New York cities and their metro areas caused by disinvestment in real property and resulting in a significant amount of vacant and abandoned property. For example, Buffalo at its height had 580,000 residents, but now has a population of only 250,000. The city of Buffalo has an estimated 20,000 vacant parcels, 5,000 vacant structures and an estimated 22,290 vacant residential units. Problems associated with abandoned property include crime, fire, disease, and diminished value of surrounding properties. Abandoned property creates a haven for illicit and dangerous activity. Local governments lose revenue because of the
2013-S5167 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5167 2013-2014 Regular Sessions I N S E N A T E May 13, 2013 ___________ Introduced by Sen. GRISANTI -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the not-for-profit corporation law, in relation to the sale of property to land banks THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph 2 of paragraph (a) of section 1603 of the not-for-profit corporation law, as added by chapter 257 of the laws of 2011, is amended to read as follows: (2) the number of members of the board of directors, which shall consist of an odd number of members, and shall be not less than five members nor more than [eleven] FIFTEEN members; S 2. Paragraph (i) of section 1616 of the not-for-profit corporation law, as added by chapter 257 of the laws of 2011, is amended to read as follows: (i) Notwithstanding any other provision of law to the contrary, in the event that no municipality elects to tender a bid at a judicially ordered sale pursuant to the provisions of section eleven hundred thir- ty-six of the real property tax law OR SALE PURSUANT TO A COUNTY CHAR- TER, CITY CHARTER, ADMINISTRATIVE CODE, OR SPECIAL LAW, the land bank may tender a bid at such sale in an amount equal to the total amount of all municipal claims and liens which were the basis for the judgment. In the event of such tender by the land bank the property shall be deemed sold to the land bank regardless of any bids by any other third parties. The bid of the land bank shall be paid as to its form, substance, and timing according to such agreement as is mutually acceptable to the plaintiff and the land bank. The obligation of the land bank to perform in accordance with such agreement shall be deemed to be in full satis- faction of the municipal claim which was the basis for the judgment. The land bank, as purchaser at such JUDICIALLY ORDERED sale OR SALE PURSUANT EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09821-01-3
co-Sponsors
(D, WF) 63rd Senate District
2013-S5167A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7245
- Law Section:
- Not-for-Profit Corporation Law
- Laws Affected:
- Amd §§1603 & 1616, N-PC L
2013-S5167A (ACTIVE) - Sponsor Memo
BILL NUMBER:S5167A TITLE OF BILL: An act to amend the not-for-profit corporation law, in relation to the sale of property to land banks PURPOSE: To provide adjustments to the land banks of municipalities in New York State SUMMARY OF SPECIFIC PROVISIONS: Section 1 allows the board to expand the size of their board. Section 2 allows a land bank to acquire Property via the sale pursuant to a county charter, city charter, administrative code, or special law. JUSTIFICATION: The creation of land banks were provided for the following reasons: A crisis exists in many Upstate New York cities and their metro areas caused by disinvestment in real property and resulting in a significant amount of vacant and abandoned property. For example, Buffalo at its height had 580,000 residents, but now has a population of only 250,000. The city of Buffalo has an estimated 20,000 vacant
2013-S5167A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5167--A Cal. No. 814 2013-2014 Regular Sessions I N S E N A T E May 13, 2013 ___________ Introduced by Sens. GRISANTI, KENNEDY -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions -- committee discharged and said bill committed to the Committee on Rules -- reported favorably from said committee, ordered to a third reading, passed by Senate and delivered to the Assembly, recalled, vote reconsidered, restored to third read- ing, amended and ordered reprinted, retaining its place in the order of third reading AN ACT to amend the not-for-profit corporation law, in relation to the sale of property to land banks THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph 2 of paragraph (a) of section 1603 of the not-for-profit corporation law, as added by chapter 257 of the laws of 2011, is amended to read as follows: (2) the number of members of the board of directors, which shall consist of an odd number of members, and shall be not less than five members nor more than [eleven] FIFTEEN members; S 2. Paragraph (i) of section 1616 of the not-for-profit corporation law, as added by chapter 257 of the laws of 2011, is amended to read as follows: (i) Notwithstanding any other provision of law to the contrary, in the event that no municipality elects to tender a bid at a [judicially ordered] PUBLIC sale pursuant to the provisions of section eleven hundred [thirty-six] SIXTY-SIX of the real property tax law OR SALE PURSUANT TO THE PROVISIONS OF A COUNTY CHARTER, CITY CHARTER, ADMINIS- TRATIVE CODE, OR SPECIAL LAW WHEN APPLICABLE UNDER SECTION ELEVEN HUNDRED FOUR OF THE REAL PROPERTY TAX LAW, the land bank may tender a bid at such sale in an amount equal to the total amount of all municipal claims and liens which were the basis for the judgment. In the event of such tender by the land bank the property shall be deemed sold to the EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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