|
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| Jul 20, 2020 |
amended on third reading 1267d |
| Jan 08, 2020 |
ordered to third reading cal.63 |
| Jun 14, 2019 |
amended on third reading 1267c |
| Jun 13, 2019 |
ordered to third reading rules cal.237 rules report cal.237 reported |
| Jun 05, 2019 |
amend and recommit to rules 1267b |
| Jun 04, 2019 |
reported referred to rules |
| May 31, 2019 |
print number 1267a |
| May 31, 2019 |
amend (t) and recommit to housing |
| Jan 14, 2019 |
referred to housing |
Assembly Bill A1267B
2019-2020 Legislative Session
Sponsored By
PERRY
Archive: Last Bill Status - On Floor Calendar
- 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
Bill Amendments
co-Sponsors
Amy Paulin
Andrew Raia
David DiPietro
Crystal Peoples-Stokes
multi-Sponsors
Vivian Cook
Sandy Galef
Donna Lupardo
David McDonough
2019-A1267 - Details
2019-A1267 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
1267
2019-2020 Regular Sessions
I N A S S E M B L Y
January 14, 2019
___________
Introduced by M. of A. PERRY, PAULIN, RAIA, DiPIETRO, PEOPLES-STOKES,
BRABENEC, SEAWRIGHT -- Multi-Sponsored by -- M. of A. COOK, GALEF,
LUPARDO, McDONOUGH -- read once and referred to the Committee on Hous-
ing
AN ACT to amend the real property law, in relation to cooperative
purchase applications
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Legislative findings. The legislature hereby finds and
declares that residential cooperative purchasers are subject to proc-
esses and conditions that do not also apply to purchasers of other
single family residences. The legislature also finds that these proc-
esses and conditions, at a minimum, give the appearance and have the
potential to be misused to illegally discriminate against a purchaser of
cooperative housing. Because this state strongly opposes all illegal
discrimination and promotes fair housing laws and regulations, it is
essential that the process for purchasing a cooperative dwelling include
additional safeguards to protect against illegal discrimination. This
act is not intended and does not diminish the duty of cooperative boards
to uphold their established fiduciary duties. This act will significant-
ly improve the transparency of the cooperative purchase process to the
benefit of all parties involved in the transaction.
§ 2. The real property law is amended by adding a new article 11 to
read as follows:
ARTICLE 11
COOPERATIVE PURCHASE
APPLICATIONS
SECTION 360. SHORT TITLE.
361. DEFINITIONS.
362. PURCHASE APPLICATIONS.
363. ACTION UPON APPLICATIONS.
364. PUBLIC POLICY.
co-Sponsors
Amy Paulin
Andrew Raia
David DiPietro
Crystal Peoples-Stokes
multi-Sponsors
Vivian Cook
Sandy Galef
Donna Lupardo
David McDonough
2019-A1267A - Details
2019-A1267A - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
1267--A
2019-2020 Regular Sessions
I N A S S E M B L Y
January 14, 2019
___________
Introduced by M. of A. PERRY, PAULIN, RAIA, DiPIETRO, PEOPLES-STOKES,
BRABENEC, SEAWRIGHT -- Multi-Sponsored by -- M. of A. COOK, GALEF,
LUPARDO, McDONOUGH -- read once and referred to the Committee on Hous-
ing -- committee discharged, bill amended, ordered reprinted as
amended and recommitted to said committee
AN ACT to amend the not-for-profit corporation law and the business
corporation law, in relation to cooperative purchase applications
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The not-for-profit corporation law is amended by adding a
new section 519-b to read as follows:
§ 519-B. RESIDENTIAL COOPERATIVE CORPORATIONS; OWNERSHIP INTERESTS.
(A) THE BOARD OF DIRECTORS OR MANAGING AGENT OF ANY RESIDENTIAL COOP-
ERATIVE CORPORATION, INCORPORATED PURSUANT TO THIS CHAPTER, SHALL ESTAB-
LISH THROUGH AMENDMENTS TO ITS BY-LAWS UNIFORM PROCESSES FOR APPLYING TO
AND CONSIDERING APPLICATIONS FOR THE PURCHASE CERTIFICATES OF STOCK, A
PROPRIETARY LEASE OR OTHER EVIDENCE OF AN OWNERSHIP INTEREST IN SUCH
RESIDENTIAL COOPERATIVE CORPORATION.
(B) WRITTEN NOTICE OF SUCH PROCESSES SHALL BE MADE AVAILABLE TO ANY
PROSPECTIVE PURCHASERS AND PROSPECTIVE SELLERS, OR THEIR RESPECTIVE REAL
ESTATE AGENTS, PROMPTLY UPON REQUEST. PROSPECTIVE PURCHASERS SHALL BE
REQUIRED TO CONFIRM RECEIPT OF SUCH NOTICE IN WRITING.
(C) AT A MINIMUM, SUCH PROCESSES SHALL REQUIRE THE BOARD OF DIRECTORS
OR MANAGING AGENT, UPON RECEIVING AN APPLICATION FROM A PROSPECTIVE
PURCHASER, TO ACKNOWLEDGE RECEIPT OF SUCH APPLICATION AND TO INCLUDE IN
SUCH ACKNOWLEDGEMENT OF RECEIPT WHETHER THE APPLICATION SUBMITTED FULLY
SATISFIES THE REQUIREMENTS THEREFOR, THE WAY OR WAYS THE SUBMITTED
APPLICATION IS INCOMPLETE, AND/OR ANY ADDITIONAL MATERIALS NECESSARY TO
EFFECTUATE CONSIDERATION OF THE APPLICATION.
(D) THE PROCESSES ESTABLISHED PURSUANT TO THIS SECTION SHALL FURTHER
REQUIRE THAT, FOLLOWING THE SUBMISSION OF A COMPLETED APPLICATION AND
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
co-Sponsors
Amy Paulin
Andrew Raia
David DiPietro
Crystal Peoples-Stokes
multi-Sponsors
Vivian Cook
Sandy Galef
Donna Lupardo
David McDonough
2019-A1267B - Details
2019-A1267B - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
1267--B
2019-2020 Regular Sessions
I N A S S E M B L Y
January 14, 2019
___________
Introduced by M. of A. PERRY, PAULIN, RAIA, DiPIETRO, PEOPLES-STOKES,
BRABENEC, SEAWRIGHT -- Multi-Sponsored by -- M. of A. COOK, GALEF,
LUPARDO, McDONOUGH -- read once and referred to the Committee on Hous-
ing -- committee discharged, bill amended, ordered reprinted as
amended and recommitted to said committee -- reported and referred to
the Committee on Rules -- Rules Committee discharged, bill amended,
ordered reprinted as amended and recommitted to the Committee on Rules
AN ACT to amend the not-for-profit corporation law and the business
corporation law, in relation to cooperative purchase applications
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The not-for-profit corporation law is amended by adding a
new section 519-b to read as follows:
§ 519-B. RESIDENTIAL COOPERATIVE CORPORATIONS; OWNERSHIP INTERESTS.
(A) THE BOARD OF DIRECTORS OF ANY RESIDENTIAL COOPERATIVE CORPORATION,
INCORPORATED PURSUANT TO THIS CHAPTER, SHALL ESTABLISH THROUGH AMEND-
MENTS TO ITS BY-LAWS UNIFORM PROCESSES FOR APPLYING TO AND CONSIDERING
APPLICATIONS FOR THE PURCHASE CERTIFICATES OF STOCK, A PROPRIETARY LEASE
OR OTHER EVIDENCE OF AN OWNERSHIP INTEREST IN SUCH RESIDENTIAL COOPER-
ATIVE CORPORATION.
(B) WRITTEN NOTICE OF SUCH PROCESSES SHALL BE MADE AVAILABLE TO ANY
PROSPECTIVE PURCHASERS AND PROSPECTIVE SELLERS, OR THEIR RESPECTIVE REAL
ESTATE AGENTS, PROMPTLY UPON REQUEST. PROSPECTIVE PURCHASERS SHALL BE
REQUIRED TO CONFIRM RECEIPT OF SUCH NOTICE IN WRITING.
(C) AT A MINIMUM, SUCH PROCESSES SHALL REQUIRE THE BOARD OF DIRECTORS,
UPON RECEIVING AN APPLICATION FROM A PROSPECTIVE PURCHASER, TO ACKNOWL-
EDGE RECEIPT OF SUCH APPLICATION AND TO INCLUDE IN SUCH ACKNOWLEDGEMENT
OF RECEIPT WHETHER THE APPLICATION SUBMITTED FULLY SATISFIES THE
REQUIREMENTS THEREFOR, THE WAY OR WAYS THE SUBMITTED APPLICATION IS
INCOMPLETE, AND/OR ANY ADDITIONAL MATERIALS NECESSARY TO EFFECTUATE
CONSIDERATION OF THE APPLICATION.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
co-Sponsors
Amy Paulin
Andrew Raia
David DiPietro
Crystal Peoples-Stokes
multi-Sponsors
Vivian Cook
Sandy Galef
Donna Lupardo
David McDonough
2019-A1267C - Details
2019-A1267C - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
1267--C
R. R. 237
2019-2020 Regular Sessions
I N A S S E M B L Y
January 14, 2019
___________
Introduced by M. of A. PERRY, PAULIN, RAIA, DiPIETRO, PEOPLES-STOKES,
BRABENEC, SEAWRIGHT, BLAKE -- Multi-Sponsored by -- M. of A. COOK,
GALEF, LUPARDO, McDONOUGH -- read once and referred to the Committee
on Housing -- committee discharged, bill amended, ordered reprinted as
amended and recommitted to said committee -- reported and referred to
the Committee on Rules -- Rules Committee discharged, bill amended,
ordered reprinted as amended and recommitted to the Committee on Rules
-- amended on the special order of third reading, ordered reprinted as
amended, retaining its place on the special order of third reading
AN ACT to amend the not-for-profit corporation law and the business
corporation law, in relation to cooperative purchase applications
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The not-for-profit corporation law is amended by adding a
new section 519-b to read as follows:
§ 519-B. RESIDENTIAL COOPERATIVE CORPORATIONS; OWNERSHIP INTERESTS.
(A) ANY RESIDENTIAL COOPERATIVE CORPORATION INCORPORATED PURSUANT TO
THIS CHAPTER, SHALL ESTABLISH UNIFORM PROCESSES FOR APPLYING TO AND
CONSIDERING APPLICATIONS FOR THE PURCHASE OF CERTIFICATES OF STOCK, A
PROPRIETARY LEASE OR OTHER EVIDENCE OF AN OWNERSHIP INTEREST IN SUCH
RESIDENTIAL COOPERATIVE CORPORATION.
(B) WRITTEN NOTICE OF SUCH PROCESSES SHALL BE MADE AVAILABLE TO ANY
PROSPECTIVE PURCHASERS AND PROSPECTIVE SELLERS, OR THEIR RESPECTIVE REAL
ESTATE AGENTS, PROMPTLY UPON REQUEST. PROSPECTIVE PURCHASERS SHALL BE
REQUIRED TO CONFIRM RECEIPT OF SUCH NOTICE IN WRITING.
(C) AT A MINIMUM, SUCH PROCESSES SHALL REQUIRE THE COOPERATIVE CORPO-
RATION, UPON RECEIVING AN APPLICATION FROM A PROSPECTIVE PURCHASER, TO
ACKNOWLEDGE RECEIPT OF SUCH APPLICATION AND TO INCLUDE IN SUCH ACKNOWL-
EDGEMENT OF RECEIPT WHETHER THE APPLICATION SUBMITTED FULLY SATISFIES
THE REQUIREMENTS THEREFOR, THE WAY OR WAYS THE SUBMITTED APPLICATION IS
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
co-Sponsors
Amy Paulin
Andrew Raia
David DiPietro
Crystal Peoples-Stokes
multi-Sponsors
Vivian Cook
Sandy Galef
Donna Lupardo
David McDonough
2019-A1267D (ACTIVE) - Details
2019-A1267D (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
1267--D
2019-2020 Regular Sessions
I N A S S E M B L Y
January 14, 2019
___________
Introduced by M. of A. PERRY, PAULIN, DiPIETRO, PEOPLES-STOKES, BRABE-
NEC, SEAWRIGHT, BLAKE, RICHARDSON -- Multi-Sponsored by -- M. of A.
COOK, GALEF, LUPARDO, McDONOUGH -- read once and referred to the
Committee on Housing -- committee discharged, bill amended, ordered
reprinted as amended and recommitted to said committee -- reported and
referred to the Committee on Rules -- Rules Committee discharged, bill
amended, ordered reprinted as amended and recommitted to the Committee
on Rules -- amended on the special order of third reading, ordered
reprinted as amended, retaining its place on the special order of
third reading -- ordered to a third reading, amended and ordered
reprinted, retaining its place on the order of third reading
AN ACT to amend the not-for-profit corporation law and the business
corporation law, in relation to cooperative purchase applications
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The not-for-profit corporation law is amended by adding a
new section 519-b to read as follows:
§ 519-B. RESIDENTIAL COOPERATIVE CORPORATIONS; OWNERSHIP INTERESTS.
(A) ANY RESIDENTIAL COOPERATIVE CORPORATION INCORPORATED PURSUANT TO
THIS CHAPTER, SHALL ESTABLISH UNIFORM PROCESSES FOR APPLYING TO AND
CONSIDERING APPLICATIONS FOR THE PURCHASE OF CERTIFICATES OF STOCK, A
PROPRIETARY LEASE OR OTHER EVIDENCE OF AN OWNERSHIP INTEREST IN SUCH
RESIDENTIAL COOPERATIVE CORPORATION.
(B) WRITTEN NOTICE OF SUCH PROCESSES SHALL BE MADE AVAILABLE TO ANY
PROSPECTIVE PURCHASERS AND PROSPECTIVE SELLERS, OR THEIR RESPECTIVE REAL
ESTATE AGENTS, PROMPTLY UPON REQUEST.
(C) AT A MINIMUM, SUCH PROCESSES SHALL REQUIRE THE COOPERATIVE CORPO-
RATION, UPON RECEIVING AN APPLICATION FROM A PROSPECTIVE PURCHASER, TO
ACKNOWLEDGE RECEIPT OF SUCH APPLICATION WITHIN TWENTY-ONE DAYS AND TO
INCLUDE IN SUCH ACKNOWLEDGEMENT OF RECEIPT WHETHER THE APPLICATION
SUBMITTED FULLY SATISFIES THE REQUIREMENTS THEREFOR, THE WAY OR WAYS THE
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
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