Assembly Bill A10601

2015-2016 Legislative Session

Provides for the appointment of the members of the New York state housing finance agency, the housing trust fund corporation and the affordable housing corporation

download bill text pdf

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Archive: Last Bill Status - In Assembly 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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2015-A10601 (ACTIVE) - Details

See Senate Version of this Bill:
S7827
Current Committee:
Assembly Housing
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §§43, 45-a & 45-b, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2017-2018: A5774, S2254
2019-2020: A4129, S7757

2015-A10601 (ACTIVE) - Summary

Provides for the appointment of the members of the New York state housing finance agency, the housing trust fund corporation and the affordable housing corporation.

2015-A10601 (ACTIVE) - Bill Text download pdf

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

                                  10601

                          I N  A S S E M B L Y

                              June 7, 2016
                               ___________

Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Wright) --
  read once and referred to the Committee on Housing

AN ACT to amend the private housing finance  law,  in  relation  to  the
  membership  of  the New York state housing finance agency, the housing
  trust fund corporation and the affordable housing corporation

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

  Section  1. Subdivision 1 of section 43 of the private housing finance
law, as added by chapter 528 of the laws of 1969, is amended to read  as
follows:
  1.  There  is hereby created the "New York state housing finance agen-
cy". The agency shall be a corporate governmental agency constituting  a
public  benefit corporation. Its membership shall consist of the commis-
sioner of housing and community renewal, the director of the budget, the
commissioner of taxation and finance, ONE MEMBER APPOINTED BY THE TEMPO-
RARY PRESIDENT OF THE SENATE, ONE MEMBER APPOINTED BY THE SPEAKER OF THE
ASSEMBLY and four members to be  appointed  by  the  governor  with  the
advice  and  consent  of  the senate. The members first appointed by the
governor shall serve for terms ending three, four, five  and  six  years
respectively  from  January  first  next  succeeding  the  date of their
appointment. Their successors shall serve for terms of six  years  each.
Members  shall  continue  in  office  until  their  successors have been
appointed and qualified.  THE MEMBERS APPOINTED BY THE TEMPORARY  PRESI-
DENT  OF  THE  SENATE AND THE SPEAKER OF THE ASSEMBLY SHALL SERVE AT THE
PLEASURE OF THE TEMPORARY PRESIDENT OF THE SENATE AND THE SPEAKER OF THE
ASSEMBLY RESPECTIVELY. In the event of a vacancy occurring in the office
of any member by death, resignation or otherwise,  [the  governor  shall
appoint  a  successor with the advice and consent of the senate to serve
for the balance of the unexpired term] SUCH VACANCY SHALL BE FILLED, FOR
THE UNEXPIRED TERM, IF APPLICABLE, IN THE SAME MANNER  AS  THE  ORIGINAL
APPOINTMENT.   The provisions of section thirty-nine of the public offi-
cers law shall apply to such members.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15470-01-6

              

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