Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 28, 2022 |
referred to housing delivered to assembly passed senate |
Feb 14, 2022 |
advanced to third reading |
Feb 09, 2022 |
2nd report cal. |
Feb 08, 2022 |
1st report cal.456 |
Jan 05, 2022 |
referred to housing, construction and community development returned to senate died in assembly |
Apr 21, 2021 |
referred to housing delivered to assembly passed senate |
Mar 11, 2021 |
advanced to third reading |
Mar 10, 2021 |
2nd report cal. |
Mar 09, 2021 |
1st report cal.537 |
Mar 02, 2021 |
referred to housing, construction and community development |
Senate Bill S5321
2021-2022 Legislative Session
Sponsored By
(D, WF) 63rd Senate District
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(D) 15th Senate District
2021-S5321 (ACTIVE) - Details
2021-S5321 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5321 SPONSOR: KENNEDY TITLE OF BILL: An act to amend the real property actions and proceedings law, in relation to increasing the maximum civil penalty PURPOSE: To require banks and finance companies to actively rehabilitate and maintain foreclosed properties which are a primary source of blight in neighborhoods and reduce property values for homes within a 1/8 mile radius of the foreclosed property. SUMMARY OF PROVISIONS: Section 1: Amends section 1308 of the real property and proceedings law to increase the per day fines from $500 to $1000 for banks responsible for foreclosed properties.
2021-S5321 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5321 2021-2022 Regular Sessions I N S E N A T E March 2, 2021 ___________ Introduced by Sen. KENNEDY -- 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 real property actions and proceedings law, in relation to increasing the maximum civil penalty THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 8 of section 1308 of the real property actions and proceedings law, as added by section 1 of part Q of chapter 73 of the laws of 2016, is amended to read as follows: (a) Violations of this section may be heard before a hearing officer or a court of competent jurisdiction. If it shall appear to the satis- faction of the hearing officer or the court, based on the preponderance of the evidence, that the mortgagee or agent of a mortgagee has violated this section, a civil penalty may be issued by the hearing officer or the court in the amount of up to [five hundred] ONE THOUSAND dollars per day per property for each day the violation persisted. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07042-01-1
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