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Assembly Bill A602

2017-2018 Legislative Session

Requires affordable housing units to be equally distributed throughout building projects

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Archive: Last Bill Status - In Assembly Committee

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2017-A602 (ACTIVE) - Details

Current Committee:
Assembly Real Property Taxation
Law Section:
Real Property Tax Law
Laws Affected:
Amd §421-a, RPT L
Versions Introduced in Other Legislative Sessions:
2013-2014: A8330
2015-2016: A1343
2019-2020: A691
2021-2022: A1740
2023-2024: A445
2025-2026: A5905

2017-A602 (ACTIVE) - Summary

Requires affordable housing units to be equally distributed throughout building projects.

2017-A602 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    602
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              January 9, 2017
                                ___________
 
 Introduced  by  M.  of  A.  ROSENTHAL  --  read once and referred to the
   Committee on Real Property Taxation
 
 AN ACT to amend the real property tax law, in relation to  the  distrib-
   ution of affordable units in certain projects
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 7 of section 421-a of the real property tax law
 is amended by adding three new paragraphs (h), (i) and (j)  to  read  as
 follows:
   (H)  AFFORDABLE  UNITS MUST BE PROPORTIONALLY DISPERSED THROUGHOUT THE
 PROJECT AND MAY NOT BE CONCENTRATED IN CERTAIN  FLOORS  OR  AREAS  OF  A
 BUILDING OR BUILDINGS.
   (I)  AFFORDABLE  UNITS  MUST HAVE EQUAL ACCESS TO COMMON SPACES, AMEN-
 ITIES, AND INGRESS AND EGRESS AS MARKET-RATE UNITS.
   (J) WITHIN A CITY HAVING A POPULATION OF ONE MILLION OR MORE, THE CITY
 COUNCIL MAY, BY MAJORITY VOTE, WAIVE THE REQUIREMENTS OF PARAGRAPHS  (H)
 AND (I) OF THIS SUBDIVISION FOR ANY PROJECT.
   §  2.  This  act  shall  take  effect  immediately  and shall apply to
 projects that commence construction after such effective date.

 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01726-01-7

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