assembly Bill A7632

2021-2022 Legislative Session

Authorizes cities and towns, except a city with a population of one million or more, to establish community preservation funds and community housing funds

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee


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

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Actions

view actions (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 07, 2021 reported referred to ways and means
May 25, 2021 reported referred to codes
May 19, 2021 referred to local governments

Co-Sponsors

A7632 (ACTIVE) - Details

See Senate Version of this Bill:
S7041
Law Section:
General Municipal Law
Laws Affected:
Add §§6-w & 6-x, Gen Muni L; add Art 33-C §§1575 - 1588, Tax L

A7632 (ACTIVE) - Summary

Authorizes cities and towns, except a city with a population of one million or more, to establish community preservation funds and community housing funds; authorizes such cities and towns to impose a real estate transfer tax with revenues to be deposited in such funds; makes related provisions.

A7632 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7632
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 19, 2021
                                ___________
 
 Introduced  by M. of A. THIELE, BARRETT -- read once and referred to the
   Committee on Local Governments
 
 AN ACT to amend the general municipal law, in  relation  to  authorizing
   cities  and  towns,  except a city with a population of one million or
   more, to establish community preservation funds and community  housing
   funds; and to amend the tax law, in relation to authorizing cities and
   towns,  except  a  city  with  a population of one million or more, to
   impose a real estate transfer tax with revenues therefrom to be depos-
   ited in such funds
 
   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
 section 6-w to read as follows:
   § 6-W. COMMUNITY PRESERVATION FUNDS. 1. AS USED IN THIS  SECTION,  THE
 FOLLOWING WORDS AND TERMS SHALL HAVE THE FOLLOWING MEANINGS:
   (A)  "COMMUNITY  PRESERVATION"  SHALL  MEAN  AND  INCLUDE  ANY  OF THE
 PURPOSES OUTLINED IN SUBDIVISION FOUR OF THIS SECTION.
   (B) "BOARD" MEANS THE ADVISORY BOARD REQUIRED PURSUANT TO  SUBDIVISION
 FIVE OF THIS SECTION.
   (C)  "CITY  OR  TOWN" MEANS A CITY, EXCEPT A CITY WITH A POPULATION OF
 ONE MILLION OR MORE, OR A TOWN.
   (D) "GOVERNING BODY" MEANS A CITY COUNCIL OR TOWN BOARD.
   (E) "FUND" MEANS THE COMMUNITY PRESERVATION FUND CREATED  PURSUANT  TO
 SUBDIVISION TWO OF THIS SECTION.
   (F)  "WATER QUALITY IMPROVEMENT PROJECT" MEANS: (1) ANY PROJECT ELIGI-
 BLE FOR STATE FUNDING UNDER THE CLEAN WATER INFRASTRUCTURE FUND  OF  TWO
 THOUSAND  SEVENTEEN,  PURSUANT  TO  PART T OF CHAPTER FIFTY-SEVEN OF THE
 LAWS OF TWO THOUSAND SEVENTEEN OR (2) ANY  PROJECT  ELIGIBLE  FOR  STATE
 FUNDING AS A SAFE DRINKING WATER PROJECT OR CLEAN WATER PROJECT PURSUANT
 TO  TITLE  TWO  OR TITLE THREE OF ARTICLE FIFTY-SIX OF THE ENVIRONMENTAL
 CONSERVATION LAW.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.