Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 24, 2022 |
signed chap.93 delivered to governor |
Feb 07, 2022 |
returned to senate passed assembly ordered to third reading cal.381 substituted for a9020 |
Jan 19, 2022 |
referred to judiciary delivered to assembly passed senate |
Jan 10, 2022 |
ordered to third reading cal.63 |
Jan 07, 2022 |
referred to rules |
Senate Bill S7735
Signed By Governor2021-2022 Legislative Session
Sponsored By
(D) 16th Senate District
Archive: Last Bill Status - 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
Actions
Votes
2021-S7735 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9020
- Law Section:
- General Obligations Law
- Laws Affected:
- Amd §7-108, Gen Ob L; amd §238-a, RP L (as proposed in S.5105-C & A.350-C)
2021-S7735 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7735 SPONSOR: LIU TITLE OF BILL: An act to amend the general obligations law and the real property law, in relation to excluding tenant-shareholders in cooperative housing corporations from certain housing provisions PURPOSE: This is a chapter amendment to L.2021, c.789, to clarify provisions concerning deposits, advances, and credit and background check fees for specified categories of cooperative apartments. SUMMARY OF PROVISIONS: This legislation amends several provisions of L. 2021, c.789. Sections 1 and 2 renumber and clarify provisions in the general obli- gations law concerning deposits and advances at owner-occupied cooper- ative apartments.
2021-S7735 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7735 I N S E N A T E January 7, 2022 ___________ 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 and the real property law, in relation to excluding 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 separately amended by chapter 428 and a chapter of the laws of 2021 amending the general obligations law, the real property law, and the real property actions and proceedings law relating to excluding tenant-shareholders in cooperative housing corpo- rations from certain housing provisions, as proposed in legislative bills numbers S. 5105-C and A. 350-C, is amended to read as follows: (a) No deposit or advance shall exceed the amount of one month's rent, unless the deposit or advance is for a seasonal use dwelling unit as provided for in subdivisions four and five of this section, OR unless the deposit or advance is for an owner-occupied cooperative apartment as provided for in subdivision [four] SIX of this section. § 2. Subdivision 4 of section 7-108 of the general obligations law, as amended by a chapter of the laws of 2021 amending the general obli- gations law, the real property law, and the real property actions and proceedings law relating to excluding tenant-shareholders in cooperative housing corporations from certain housing provisions, as proposed in legislative bills numbers S. 5105-C and A. 350-C, is renumbered subdivi- sion 6 and is amended to read as follows: 6. A dwelling unit shall qualify as an owner-occupied cooperative apartment for the purpose of paragraph (a) of subdivision one-a of this section if it meets all of the following conditions: (a) the tenant is the dwelling unit owner, purchaser or shareholder of such a cooperative housing corporation; (b) such tenant has or will have after purchase exclusive occupancy of such dwelling unit individually and with the permitted occupants pursu- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03421-16-2
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