senate Bill S9409

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

Current Bill Status Via A7805 - Signed by Governor


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

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Actions

view actions (12)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 16, 2022 signed chap.225
delivered to governor
Jun 02, 2022 returned to assembly
passed senate
Jun 01, 2022 3rd reading cal.1793
substituted for s9409a
Jun 01, 2022 substituted by a7805d
ordered to third reading cal.1793
May 28, 2022 print number 9409a
May 28, 2022 amend and recommit to rules
May 25, 2022 reference changed to rules
referred to housing, construction and community development

Co-Sponsors

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

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.

S9409 - Sponsor Memo

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

view additional co-sponsors

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

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.

S9409A (ACTIVE) - Sponsor Memo

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

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