Senate Bill S9409A

Signed By Governor
2021-2022 Legislative Session

Establishes the New York city public housing preservation trust and providing for the issuance of certain bonds, notes or other obligations of the New York city housing development corporation

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A7805 - 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

Bill Amendments

co-Sponsors

2021-S9409 - Details

See Assembly Version of this Bill:
A7805
Law Section:
Public Housing Law
Laws Affected:
Add Art 15 §§625 - 649, Pub Hous L; amd §§13-101 & 13-133, NYC Ad Cd
Versions Introduced in 2019-2020 Legislative Session:
A11149

2021-S9409 - Summary

Establishes the New York city public housing preservation trust for properties owned or operated by the New York city housing authority; provides for the issuance of certain bonds, notes or other obligations of the New York city housing development corporation.

2021-S9409 - Sponsor Memo

2021-S9409 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9409
 
                             I N  S E N A T E
 
                               May 25, 2022
                                ___________
 
 Introduced  by Sen. SALAZAR -- (at request of the NYC Housing Authority)
   -- 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 public housing law and the  administrative  code  of
   the  city  of  New York, in relation to establishing the New York city
   public housing preservation trust for properties owned or operated  by
   the  New York city housing authority and providing for the issuance of
   certain bonds, notes or other obligations of the New York city housing
   development corporation
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The public housing law is amended by adding a new article
 15 to read as follows:
                                ARTICLE XV
              NEW YORK CITY PUBLIC HOUSING PRESERVATION TRUST
 
 SECTION 625. SHORT TITLE.
         626. LEGISLATIVE FINDINGS.
         627. DEFINITIONS.
         628. NEW YORK CITY PUBLIC HOUSING PRESERVATION TRUST.
         629. POWERS AND DUTIES OF THE TRUST.
         630. TRANSFER OF PROPERTY.
         631. RESIDENT PROTECTIONS AND OPPORTUNITIES.
         632. COMPLIANCE WITH CODES.
         633. CONTRACTS OF THE TRUST.
         634. ALTERNATIVE PROJECT DELIVERY CONTRACTS.
         635. ADDITIONAL AUTHORITY.
         636. ADDITIONAL REQUIREMENTS FOR  ALTERNATIVE  PROJECT  DELIVERY
                CONTRACTS.
         637. BORROWING  BY  THE  TRUST  AND  FOR ITS BENEFIT; EFFECTS OF
                CERTAIN DEFAULTS.
         638. RESOURCES OF THE TRUST.
         639. LEGAL INVESTMENT AND DEPOSIT.
         640. TAX EXEMPTION AND TAX CONTRACT BY THE STATE.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

co-Sponsors

2021-S9409A (ACTIVE) - Details

See Assembly Version of this Bill:
A7805
Law Section:
Public Housing Law
Laws Affected:
Add Art 15 §§625 - 649, Pub Hous L; amd §§13-101 & 13-133, NYC Ad Cd
Versions Introduced in 2019-2020 Legislative Session:
A11149

2021-S9409A (ACTIVE) - Summary

Establishes the New York city public housing preservation trust for properties owned or operated by the New York city housing authority; provides for the issuance of certain bonds, notes or other obligations of the New York city housing development corporation.

2021-S9409A (ACTIVE) - Sponsor Memo

2021-S9409A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  9409--A
 
                             I N  S E N A T E
 
                               May 25, 2022
                                ___________
 
 Introduced  by Sens. SALAZAR, JACKSON, KRUEGER, RIVERA, SEPULVEDA -- (at
   request of the NYC Housing Authority) -- read twice and ordered print-
   ed, and when printed to be committed  to  the  Committee  on  Housing,
   Construction  and  Community  Development  -- committee discharged and
   said bill committed to the Committee on Rules -- committee discharged,
   bill amended, ordered reprinted as amended  and  recommitted  to  said
   committee
 
 AN  ACT  to  amend the public housing law and the administrative code of
   the city of New York, in relation to establishing the  New  York  city
   public  housing preservation trust for properties owned or operated by
   the New York city housing authority and providing for the issuance  of
   certain bonds, notes or other obligations of the New York city housing
   development corporation
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The public housing law is amended by adding a  new  article
 15 to read as follows:
                                ARTICLE XV
              NEW YORK CITY PUBLIC HOUSING PRESERVATION TRUST
 
 SECTION 625. SHORT TITLE.
         626. LEGISLATIVE FINDINGS.
         627. DEFINITIONS.
         628. NEW YORK CITY PUBLIC HOUSING PRESERVATION TRUST.
         629. POWERS AND DUTIES OF THE TRUST.
         630. TRANSFER OF PROPERTY.
         631. RESIDENT PROTECTIONS AND OPPORTUNITIES.
         632. COMPLIANCE WITH CODES.
         633. CONTRACTS OF THE TRUST.
         634. ALTERNATIVE PROJECT DELIVERY CONTRACTS.
         635. ADDITIONAL AUTHORITY.
         636. ADDITIONAL  REQUIREMENTS  FOR  ALTERNATIVE PROJECT DELIVERY
                CONTRACTS.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11275-24-2
              

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.