Senate Bill S6492

Signed By Governor
2021-2022 Legislative Session

Enacts the "Peconic Bay region community housing act"

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A2633 - Signed by Governor


  • 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions
Votes

2021-S6492 (ACTIVE) - Details

See Assembly Version of this Bill:
A2633
Law Section:
Town Law
Laws Affected:
Add §64-k, Town L; amd §§1449-bb & 1449-ee, Tax L

2021-S6492 (ACTIVE) - Summary

Authorizes towns in the Peconic Bay region to establish community housing funds to be funded by a supplemental real estate transfer tax.

2021-S6492 (ACTIVE) - Sponsor Memo

2021-S6492 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6492
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                                May 3, 2021
                                ___________
 
 Introduced  by  Sen. PALUMBO -- read twice and ordered printed, and when
   printed to be committed to the Committee on Local Government
 
 AN ACT to amend the town law and the tax law, in relation to authorizing
   towns in the Peconic Bay region to establish community  housing  funds
   to be funded by a supplemental real estate transfer tax

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Legislative findings. The legislature hereby finds that  an
 adequate supply of housing opportunities for all segments of the Peconic
 Bay community is critical to the future of the Peconic Bay region.
   The adverse impact resulting from the lack of housing opportunities is
 severe.  Local  employers have difficulty hiring and retaining employees
 because of housing costs and  availability.  Local  volunteer  emergency
 services  agencies  experience  difficulty in recruitment and retention.
 Long-time residents are forced to leave the area.  Traffic congestion is
 intensified by the importation of labor from areas  with  lower  housing
 costs.  Finally, the lack of housing opportunities is resulting in resi-
 dents being forced to live in substandard, illegal conditions.
   The  unique demographics and economics in the Peconic Bay region and a
 lack of affordable dwelling units are contributing to this housing shor-
 tage.  The combination of the Peconic Bay region's attractiveness, prox-
 imity to the dense population of the New York metropolitan region and to
 that region's extraordinary wealth, makes the Peconic Bay region a prime
 location for seasonal  and  luxury  homes.  While  this  combination  of
 extraordinary attractiveness, population density, and wealth has created
 a  strong local economy for the Peconic Bay region, it has resulted in a
 housing crisis for local families.  The demand for  seasonal  homes  has
 driven  up  housing costs for local families. In the Peconic Bay region,
 more than 40% of all housing units are seasonal.
   The unique demographics and economics in the Peconic Bay  region  that
 have  historically  contributed  to  the housing shortage have only been
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. 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.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.