|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Oct 09, 2019||referred to rules|
senate Bill S6770
Current Bill Status - In Senate Committee Rules Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S6770 (ACTIVE) - Details
S6770 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6770 SPONSOR: LIU TITLE OF BILL: An act to amend the general obligations law, the real property law, and the real property actions and proceedings law, in relation to excluding tenant-shareholders in cooperative housing corpo- rations from certain housing provisions JUSTIFICATION: The Housing Stability and Tenant Protection Act of 2019 was a landmark bill in protecting tenant rights. However, several provisions of the bill were unclear regarding its application to shareholder-tenants who utilize their cooperative as their residence. This bill adds clarifying language and exempts these homeowner shareholder-tenants from those provisions that would have a negative impact to their homeownership. LEGISLATIVE HISTORY: New bill
S6770 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6770 2019-2020 Regular Sessions I N S E N A T E October 9, 2019 ___________ Introduced by Sen. LIU -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the general obligations law, the real property law, and the real property actions and proceedings law, in relation to exclud- ing tenant-shareholders in cooperative housing corporations from certain housing provisions THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 1-a of section 7-108 of the general obligations law, as added by section 25 of part M of chapter 36 of the laws of 2019, is amended to read as follows: (a) No deposit or advance shall exceed the amount of one month's rent under such contract, EXCEPT IN DWELLING UNITS WHICH ARE A COOPERATIVE HOUSING CORPORATION AND WHERE THE TENANT WOULD BECOME A SHAREHOLDER OF SUCH DWELLING UNIT. § 2. Section 227-f of the real property law is amended by adding a new subdivision 3 to read as follows: 3. THIS SECTION SHALL NOT APPLY TO A PROSPECTIVE TENANT OF A COOPER- ATIVE HOUSING CORPORATION, WHERE SUCH PROSPECTIVE TENANT WOULD BECOME A SHAREHOLDER OF SUCH COOPERATIVE HOUSING CORPORATION. § 3. Subdivisions 1 and 2 of section 238-a of the real property law, as added by section 10 of part M of chapter 36 of the laws of 2019, are amended to read as follows: 1. (a) Except in instances where statutes or regulations provide for a payment, fee or charge, no landlord, lessor, sub-lessor or grantor may demand any payment, fee, or charge for the processing, review or accept- ance of an application, or demand any other payment, fee or charge before or at the beginning of the tenancy, except background checks and credit checks as provided by paragraph (b) of this subdivision, provided that this subdivision shall not apply to entrance fees charged by continuing care retirement communities licensed pursuant to article EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.
By contributing or voting you agree to the Terms of Participation and verify you are over 13.