|
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| Jun 04, 2018 |
referred to cities delivered to assembly passed senate |
| Mar 13, 2018 |
advanced to third reading |
| Mar 12, 2018 |
2nd report cal. |
| Mar 06, 2018 |
1st report cal.586 |
| Jan 03, 2018 |
referred to corporations, authorities and commissions returned to senate died in assembly |
| Jun 20, 2017 |
referred to cities delivered to assembly passed senate |
| Jun 05, 2017 |
advanced to third reading |
| May 24, 2017 |
2nd report cal. |
| May 23, 2017 |
1st report cal.1295 |
| Apr 26, 2017 |
print number 5204b |
| Apr 26, 2017 |
amend (t) and recommit to corporations, authorities and commissions |
| Apr 03, 2017 |
print number 5204a |
| Apr 03, 2017 |
amend (t) and recommit to corporations, authorities and commissions |
| Mar 15, 2017 |
referred to corporations, authorities and commissions |
Senate Bill S5204B
2017-2018 Legislative Session
Sponsored By
(D) Senate District
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
Actions
Votes
Bill Amendments
2017-S5204 - Details
2017-S5204 - Sponsor Memo
BILL NUMBER: S5204
TITLE OF BILL :
An act to amend the not-for-profit corporation law, in relation to the
creation of a land bank in a city with eight million or more residents
by adoption of a local law by the city council
PURPOSE OR GENERAL IDEA OF BILL :
To amend the not-for-profit corporation law and allows cities with
populations larger than eight million or more residents to create land
banks.
SUMMARY OF SPECIFIC PROVISIONS :
Allows larger cities to create land banks and control formerly owned
governmental units.
JUSTIFICATION :
New York City is in a housing crisis at levels not seen since WWII.
This is due impart to many factors, but the biggest burden during this
crisis is the cost of land acquisition. This bill will forced New York
City to utilize their vacant lots to build truly affordable housing
using deeper levels of Area Medium Income Bands through non profit
2017-S5204 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
5204
2017-2018 Regular Sessions
I N S E N A T E
March 15, 2017
___________
Introduced by Sen. HAMILTON -- 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
creation of a land bank in a city with eight million or more residents
by adoption of a local law by the city council
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The opening paragraph and subparagraph 2 of paragraph (a)
of section 1603 of the not-for-profit corporation law, paragraph (a) as
added by chapter 257 of the laws of 2011 and subparagraph 2 of paragraph
(a) as amended by chapter 372 of the laws of 2013, are amended to read
as follows:
Any foreclosing governmental unit may create a land bank by the
adoption of a local law, ordinance, or resolution as appropriate to such
foreclosing governmental unit AND IN ADDITION, ANY CITY WITH EIGHT
MILLION OR MORE RESIDENTS MAY CREATE A LAND BANK BY ADOPTION OF A LOCAL
LAW BY THE CITY COUNCIL which action specifies the following:
(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 [fifteen] ELEVEN members;
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09797-01-7
2017-S5204A - Details
2017-S5204A - Sponsor Memo
BILL NUMBER: S5204A
TITLE OF BILL : An act to amend the not-for-profit corporation law,
in relation to authorizing a city with one million or more residents
to establish up to 10 land banks regardless of the statewide limit
PURPOSE OR GENERAL IDEA OF BILL :
To Authorize Cities of One Million or more to authorize the existence
of up to 10 land banks
SUMMARY OF SPECIFIC PROVISIONS :
Allows New York City to create up to 10 land banks, which will not
count against the cap.
JUSTIFICATION :
New York City is in a housing crisis at levels not seen since WWII.
This is due impart to many factors, but the biggest burden during this
crisis is the cost of land acquisition. This bill will forced New York
City to utilize their vacant lots to build truly affordable housing
using deeper levels of Area Medium Income Bands through nonprofit
community developers
PRIOR LEGISLATIVE HISTORY :
2017-S5204A - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
5204--A
2017-2018 Regular Sessions
I N S E N A T E
March 15, 2017
___________
Introduced by Sen. HAMILTON -- read twice and ordered printed, and when
printed to be committed to the Committee on Corporations, Authorities
and Commissions -- committee discharged, bill amended, ordered
reprinted as amended and recommitted to said committee
AN ACT to amend the not-for-profit corporation law, in relation to
authorizing a city with one million or more residents to establish up
to 10 land banks regardless of the statewide limit
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph (g) of section 1603 of the not-for-profit corpo-
ration law, as amended by chapter 106 of the laws of 2014, is amended to
read as follows:
(g) Nothing in this article shall be construed to authorize the exist-
ence of more than twenty land banks located in the state at one time,
PROVIDED, HOWEVER, THAT A CITY WITH ONE MILLION OR MORE RESIDENTS MAY
AUTHORIZE THE EXISTENCE OF NOT MORE THAN TEN LAND BANKS THAT SHALL NOT
BE COUNTED AS PART OF THE STATEWIDE TOTAL AT ANY SINGLE POINT IN TIME,
provided further that each foreclosing governmental unit or units
proposing to create a land bank shall submit such local law, ordinance
or resolution as required by paragraph (a) of this section, to the urban
development corporation, for its review and approval. The creation of a
land bank shall be conditioned upon approval of the urban development
corporation.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09797-02-7
2017-S5204B (ACTIVE) - Details
2017-S5204B (ACTIVE) - Sponsor Memo
BILL NUMBER: S5204B
TITLE OF BILL :
An act to amend the not-for-profit corporation law, in relation to
authorizing cities with a population of one million or more to
establish land banks
PURPOSE OR GENERAL IDEA OF BILL :
To Authorize Cities of One Million or more to authorize land banks
SUMMARY OF SPECIFIC PROVISIONS :
Allows cities with a population of one million to adopt a local law to
allow for the creation land banks.
JUSTIFICATION :
New York City is in a housing crisis at levels not seen since WWII.
This is due impart to many factors, but the biggest burden during this
crisis is the cost of land acquisition. This bill will forced New York
City to utilize their vacant lots to build truly affordable housing
using deeper levels of Area Medium Income Bands through nonprofit
community developers
2017-S5204B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
5204--B
2017-2018 Regular Sessions
I N S E N A T E
March 15, 2017
___________
Introduced by Sen. HAMILTON -- read twice and ordered printed, and when
printed to be committed to the Committee on Corporations, Authorities
and Commissions -- committee discharged, bill amended, ordered
reprinted as amended and recommitted to said committee -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
AN ACT to amend the not-for-profit corporation law, in relation to
authorizing cities with a population of one million or more to estab-
lish land banks
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The opening paragraph 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:
Any foreclosing governmental unit AND ANY CITY WITH A POPULATION OF
ONE MILLION OR MORE may create a land bank by the adoption of a local
law, ordinance, or resolution as appropriate to such foreclosing govern-
mental unit OR ANY CITY WITH A POPULATION OF ONE MILLION OR MORE which
action specifies the following:
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09797-03-7
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