Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2024 |
referred to housing |
Mar 07, 2023 |
referred to housing |
Assembly Bill A5264
2023-2024 Legislative Session
Sponsored By
PHEFFER AMATO
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
2023-A5264 (ACTIVE) - Details
- Current Committee:
- Assembly Housing
- Law Section:
- Private Housing Finance Law
- Laws Affected:
- Add §611, Priv Hous Fin L
2023-A5264 (ACTIVE) - Summary
Relates to prohibiting members of certain boards of directors who have been removed from serving on a board for a period of fifteen years; provides that for any housing entity with a board of directors overseen by the department of housing preservation and development, if a member of the board is removed by the department or by court order, such member shall be banned from serving on a board overseen by the department for a period of 15 years.
2023-A5264 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5264 2023-2024 Regular Sessions I N A S S E M B L Y March 7, 2023 ___________ Introduced by M. of A. PHEFFER AMATO -- read once and referred to the Committee on Housing AN ACT to amend the private housing finance law, in relation to prohib- iting members of certain boards of directors who have been removed from serving on a board for a period of fifteen years THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The private housing finance law is amended by adding a new section 611 to read as follows: § 611. REMOVAL OF BOARD OF DIRECTORS. FOR ANY HOUSING ENTITY WHICH HAS A BOARD OF DIRECTORS IN WHICH THE NEW YORK CITY DEPARTMENT OF HOUS- ING PRESERVATION AND DEVELOPMENT HAS OVERSIGHT, IF THE BOARD OF DIREC- TORS OR ANY INDIVIDUAL MEMBER OF SUCH BOARD IS REMOVED BY THE DEPARTMENT OR BY A COURT ORDER, SUCH REMOVED MEMBER OR MEMBERS SHALL BE PROHIBITED FROM RUNNING OR BEING APPOINTED TO ANY BOARD OF DIRECTORS OVERSEEN BY THE DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT FOR A PERIOD OF FIFTEEN YEARS. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09384-01-3
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