|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 19, 2021||referred to local government|
senate Bill S2060
Current Bill Status - In Senate Committee Local Government Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S2060 (ACTIVE) - Details
S2060 (ACTIVE) - Sponsor Memo
BILL NUMBER: S2060 SPONSOR: JORDAN TITLE OF BILL: An act to amend the general municipal law, in relation to providing for vesting of development rights for residential properties SUMMARY OF PROVISIONS: Section 1 creates Article 7-B of the General Municipal Law, which provides for the establishment of vested property rights in relation to the land use planning process. Under Article 7-B, Section 150 sets forth the legislative intent of establishing vested property rights as a matter of public policy, and Section 151 sets forth definitions. Arti- cle 7-B Section 152 provides that development of site-specific develop- ment plans are to be governed (with exception for emergency need to preserve public health and safety) in accord with the laws and regu- lations in force at the time when the property owner's rights vested set forth in this bill. That language (Section 153) provides that the vested property right is established upon the issuance of all required state and municipal permits and approvals and upon filing by the landowner
S2060 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2060 2021-2022 Regular Sessions I N S E N A T E January 19, 2021 ___________ Introduced by Sen. JORDAN -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the general municipal law, in relation to providing for vesting of development rights for residential properties THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The general municipal law is amended by adding a new arti- cle 7-B to read as follows: ARTICLE 7-B VESTED RIGHTS RELATING TO RESIDENTIAL PROPERTY DEVELOPMENT SECTION 150. LEGISLATIVE FINDINGS AND INTENT. 151. DEFINITIONS. 152. GOVERNING REGULATIONS. 153. ESTABLISHMENT OF VESTED PROPERTY RIGHT. 154. NOTICE OF VESTED PROPERTY RIGHTS. 155. DURATION AND TERMINATION OF VESTED PROPERTY RIGHT. 156. SUBSEQUENT REGULATION PROHIBITED; EXCEPTIONS. 157. APPLICATION. § 150. LEGISLATIVE FINDINGS AND INTENT. 1. THERE IS A CONTINUING NEED FOR THE DEVELOPMENT OF HOUSING IN NEW YORK STATE. LANDOWNERS MAKE SIGNIFICANT INVESTMENTS TO ACQUIRE REAL PROPERTY AND TO OBTAIN THE REQUIRED STATE AND MUNICIPAL PERMITS AND APPROVALS TO CONSTRUCT RESIDEN- TIAL HOUSING. TO OBTAIN FINANCING FOR RESIDENTIAL HOUSING PROJECTS, IT IS NECESSARY TO HAVE CERTAINTY REGARDING DEVELOPMENT RIGHTS. VESTED PROPERTY RIGHTS ENSURE REASONABLE CERTAINTY, STABILITY AND FAIRNESS IN THE LAND USE PLANNING PROCESS. 2. IT IS NECESSARY AND DESIRABLE, AS A MATTER OF PUBLIC POLICY, TO PROVIDE FOR THE ESTABLISHMENT OF VESTED PROPERTY RIGHTS IN ORDER TO ENSURE REASONABLE CERTAINTY, STABILITY, AND FAIRNESS IN THE LAND USE PLANNING PROCESS AND IN ORDER TO STIMULATE ECONOMIC GROWTH, SECURE THE REASONABLE INVESTMENT-BACKED EXPECTATIONS OF LANDOWNERS, AND FOSTER EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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