senate Bill S3357

2019-2020 Legislative Session

Defines probable aggregate annual income for the tenant's eligibility under guidelines set for housing authority

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Housing, Construction And Community Development Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Feb 06, 2019 referred to housing, construction and community development

Co-Sponsors

S3357 (ACTIVE) - Details

See Assembly Version of this Bill:
A3247
Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Public Housing Law
Laws Affected:
Amd §156, Pub Hous L; amd §§31 & 85-a, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: A833
2011-2012: S3118, A1285
2013-2014: S1823, A618
2015-2016: S3570, A124
2017-2018: S2378, A2497

S3357 (ACTIVE) - Summary

Defines "probable aggregate annual income" for purposes of determining eligibility for limited profit and limited dividend housing companies, as the annual net income after federal, state and municipal income taxes are deducted from gross income of the chief wage earner.

S3357 (ACTIVE) - Sponsor Memo

S3357 (ACTIVE) - Bill Text download pdf


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

                                  3357

                       2019-2020 Regular Sessions

                            I N  S E N A T E

                            February 6, 2019
                               ___________

Introduced  by  Sen. JACKSON -- read twice and ordered printed, and when
  printed to be committed to the Committee on Housing, Construction  and
  Community Development

AN  ACT  to amend the public housing law and the private housing finance
  law, in relation to defining probable aggregate annual income

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

  Section  1.  The  closing paragraph of subdivision 1 of section 156 of
the public housing law, as amended by chapter 893 of the laws  of  1974,
is amended to read as follows:
  The "probable aggregate annual income" means the annual NET income [of
the  chief wage earner of the family] AFTER FEDERAL, STATE AND MUNICIPAL
INCOME TAXES ARE DEDUCTED FROM THE GROSS INCOME OF THE CHIEF WAGE EARNER
plus all other  income of other members of the family over  the  age  of
twenty-one  years,  plus a proportion of the income of members under the
age of twenty-one years to be determined by the authority solely for the
purpose of establishing rent to be paid except that  the  authority  may
exclude  a  proportion of the income of other members of the family over
the age of twenty-one years for the purpose of  determining  eligibility
for admission or continued occupancy, or for establishing rental of such
family, or for all such purposes, subject to approval by the commission-
er with respect to state projects.
  § 2. Paragraph (a) of subdivision 2 of section 31 of the private hous-
ing  finance  law,  as  amended  by  chapter 260 of the laws of 1996, is
amended to read as follows:
  (a) The dwelling or non-housekeeping accommodations without board in a
company project shall be available for persons or families of low income
whose probable aggregate annual income at  the  time  of  admission  and
during  the  period of occupancy does not exceed, the greater of (i) the
median income for such persons or families for the metropolitan  statis-
tical  area  in which the project is located, or if a project is located

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

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