assembly Bill A5438

Signed By Governor
2013-2014 Legislative Session

Relates to determining eligibility for admission to certain limited-profit housing company housing accommodations

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Sponsored By

Archive: Last Bill Status - Signed by Governor

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

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Actions

view actions (12)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Nov 13, 2013 signed chap.474
Nov 01, 2013 delivered to governor
Jun 18, 2013 returned to assembly
passed senate
3rd reading cal.435
substituted for s226
Jun 05, 2013 referred to housing, construction and community development
delivered to senate
passed assembly
Apr 18, 2013 advanced to third reading cal.156
Apr 16, 2013 reported
Feb 27, 2013 referred to housing

Votes

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Jun 18, 2013 - floor Vote

A5438
59
3
floor
59
Aye
3
Nay
0
Absent
1
Excused
0
Abstained
show floor vote details

Floor Vote: Jun 18, 2013

aye (59)
nay (3)
excused (1)

Co-Sponsors

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Multi-Sponsors

A5438 (ACTIVE) - Details

See Senate Version of this Bill:
S226
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §31, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: S8501
2011-2012: A6262, S524

A5438 (ACTIVE) - Summary

Relates to determining eligibility for admission to certain limited-profit housing company housing accommodations.

A5438 (ACTIVE) - Bill Text download pdf 

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

                                  5438

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 27, 2013
                               ___________

Introduced  by  M.  of  A.  SILVER,  WRIGHT,  MILLMAN,  FARRELL, GIBSON,
  SEPULVEDA, CYMBROWITZ, ENGLEBRIGHT, LAVINE, MARKEY, ROBERTS --  Multi-
  Sponsored  by  --  M. of A. QUART, RIVERA -- read once and referred to
  the Committee on Housing

AN ACT to amend the private housing finance law, in relation  to  deter-
  mining  eligibility  for  admission  to certain limited-profit housing
  company accommodations

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

  Section 1. Paragraph (e) of subdivision 2 of section 31 of the private
housing  finance  law,  as  added by chapter 729 of the laws of 1974, is
amended to read as follows:
  (e) Notwithstanding the provisions of this subdivision, families [with
two or more dependents] whose probable aggregate annual income does  not
exceed  one  hundred twenty-five percent of the limitations as to income
as determined pursuant to paragraphs (a) and (b)  of  this  subdivision,
shall also be eligible for admission to the dwelling or non-housekeeping
accommodations  without board of a project on the understanding that any
family becoming eligible for admission by reason hereof shall pay,  from
the time of admission, a rental surcharge as provided for in subdivision
three  of  this section, computed on the basis of the income limitations
applicable to such family in the absence of this subdivision. In  apply-
ing  the  provisions  of  subdivision  three OF THIS SECTION to a family
becoming  eligible  by  reason  of  this  section,  the  maximum  income
prescribed  by  law for admission or occupancy shall for all purposes be
computed without reference to this paragraph.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00273-01-3