Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 28, 2024 |
returned to assembly passed senate 3rd reading cal.1243 substituted for s9412 |
May 28, 2024 |
substituted by a10223a |
May 22, 2024 |
advanced to third reading |
May 21, 2024 |
2nd report cal. |
May 20, 2024 |
1st report cal.1243 |
May 15, 2024 |
referred to housing, construction and community development |
Senate Bill S9412
2023-2024 Legislative Session
Sponsored By
(D) 30th Senate District
Current Bill Status Via A10223 - Passed Senate
- 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
co-Sponsors
(D, WF) 31st Senate District
2023-S9412 (ACTIVE) - Details
2023-S9412 (ACTIVE) - Sponsor Memo
BILL NUMBER: S9412 SPONSOR: CLEARE TITLE OF BILL: An act to amend chapter 253 of the laws of 2004 amending the private housing finance law relating to rehabilitated multiple dwellings acquired and reconveyed by the federal government, in relation to the effectiveness thereof SUMMARY OF PROVISIONS:: Chapter 253 of the Laws of 2004 granted the New York City Department of Housing Preservation and Development ("HPD") the authority to restruc- ture the rents of dwelling units in buildings acquired by the federal government as a result of the foreclosure of a mortgage loan insured or held by the federal government. The restructuring authority was condi- tioned upon the properties being rehabilitated, and is scheduled to expire on June 30, 2024. This bill extends this authority to June 30. 2027. REASONS FOR SUPPORT::
2023-S9412 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9412 I N S E N A T E May 15, 2024 ___________ Introduced by Sen. CLEARE -- (at request of the NYC H.P.D.) -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Community Development AN ACT to amend chapter 253 of the laws of 2004 amending the private housing finance law relating to rehabilitated multiple dwellings acquired and reconveyed by the federal government, in relation to the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2 of chapter 253 of the laws of 2004 amending the private housing finance law relating to rehabilitated multiple dwellings acquired and reconveyed by the federal government, as amended by chapter 178 of the laws of 2021, is amended to read as follows: § 2. This act shall take effect immediately and shall expire and be deemed repealed June 30, [2024] 2027. § 2. This act shall take effect immediately; provided, however, that if this act shall have become a law after June 30, 2024, this act shall take effect immediately and shall be deemed to have been in full force and effect on and after June 30, 2024. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15465-01-4
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