Assembly Bill A1349

2017-2018 Legislative Session

Relates to limited profit housing companies

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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2017-A1349 (ACTIVE) - Details

Current Committee:
Assembly Housing
Law Section:
Emergency Tenant Protection Act of 1974
Laws Affected:
Amd §5, Emerg Ten Prot Act of 1974
Versions Introduced in Other Legislative Sessions:
2009-2010: A9230
2011-2012: A2499
2013-2014: A698
2015-2016: A344
2019-2020: A1470
2021-2022: A3676
2023-2024: A914

2017-A1349 (ACTIVE) - Summary

Relates to limited profit housing companies.

2017-A1349 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1349
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 11, 2017
                                ___________
 
 Introduced by M. of A. ROSENTHAL, GOTTFRIED, KAVANAGH, MOSLEY, PICHARDO,
   BICHOTTE, JOYNER, WALKER -- read once and referred to the Committee on
   Housing
 
 AN  ACT  to amend the emergency tenant protection act of nineteen seven-
   ty-four, in relation to limited-profit  housing  companies  and  other
   buildings or structures which received project-based rental assistance
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1.   Legislative findings and declaration  of  emergency.  The
 legislature  hereby finds and declares that the serious public emergency
 which led to the enactment of the existing laws  regulating  residential
 rents  and  evictions  continues  to  exist; that such laws would better
 serve the public interest if certain changes were made thereto,  includ-
 ing  extending  to  certain  cities, towns and villages the authority to
 provide for the regulation of rents and evictions with regard to housing
 accommodations that cease or have ceased to  be  regulated  pursuant  to
 article 2 of the private housing finance law, known as the Mitchell-Lama
 law,  or  pursuant to project-based section eight contracts entered into
 with the federal government.
   The legislature further  recognizes  that  severe  disruption  of  the
 rental  housing market has occurred and threatens to be exacerbated as a
 result of the abrupt termination of rent and  eviction  regulation  when
 buildings  completed  or  substantially  renovated as family units on or
 after January first, nineteen hundred seventy-four  exit  the  Mitchell-
 Lama  program  or  when  buildings  cease to be subject to project-based
 section eight contracts. The situation  had  permitted  speculative  and
 profiteering practices and has brought about the loss of vital and irre-
 placeable affordable housing for working persons and families.
   The legislature therefore declares that in order to prevent uncertain-
 ty,  potential  hardship  and  dislocation  of tenants living in housing
 accommodations subject to  government  regulations  as  to  rentals  and
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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