|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Feb 06, 2019||referred to housing, construction and community development|
senate Bill S3357
Current Bill Status - In Senate Committee Housing, Construction And Community Development Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S3357 (ACTIVE) - Details
- See Assembly Version of this Bill:
- 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:
2011-2012: S3118, A1285
2013-2014: S1823, A618
2015-2016: S3570, A124
2017-2018: S2378, A2497
S3357 (ACTIVE) - Sponsor Memo
BILL NUMBER: S3357 SPONSOR: JACKSON TITLE OF BILL: An act to amend the public housing law and the private housing finance law, in relation to defining probable aggregate annual income PURPOSE: To use the net income of the chief wage earner to determine rent levels for limited-profit and limited-dividend housing companies. SUMMARY OF PROVISIONS: The closing paragraph of subdivision one, Section 156 of the Public Housing Law is amended to exclude federal, state, and municipal taxes from the probable aggregate annual income of the chief wage earner, in determining eligibility for occupancy in limited-profit and limited-di- vidend housing.
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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