Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 18, 2024 |
reported and committed to housing, construction and community development |
Feb 16, 2024 |
referred to veterans, homeland security and military affairs |
Senate Bill S8581
2023-2024 Legislative Session
Sponsored By
(D) 14th Senate District
Current Bill Status - In Senate Committee Housing, Construction And Community Development 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
Votes
co-Sponsors
(D) 10th Senate District
2023-S8581 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9342
- Current Committee:
- Senate Housing, Construction And Community Development
- Law Section:
- Executive Law
- Laws Affected:
- Add §29-k, Exec L; add §99-rr, St Fin L
2023-S8581 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8581 SPONSOR: COMRIE TITLE OF BILL: An act to amend the executive law and the state finance law, in relation to expanding eligibility for participation in the resilient retrofits loan and grant program and establishing the resilient retrofit loan and grant fund PURPOSE OR GENERAL IDEA OF BILL: To provide backed up private sewers in multiple dwellings and single family residences access to needed funding for sewer line replacement SUMMARY OF PROVISIONS: Section 1 adds a new section 29k to the executive law to extend the resilient retrofits loans and grant program expansion. The division of housing and community renewal, in conjunction with the comptroller, Home Headquarters, Inc., and community development Long Island (CDLI), shall establish and administer the resilient retrofits loan and grant program.
2023-S8581 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8581 I N S E N A T E February 16, 2024 ___________ Introduced by Sen. COMRIE -- read twice and ordered printed, and when printed to be committed to the Committee on Veterans, Homeland Securi- ty and Military Affairs AN ACT to amend the executive law and the state finance law, in relation to expanding eligibility for participation in the resilient retrofits loan and grant program and establishing the resilient retrofit loan and grant fund THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The executive law is amended by adding a new section 29-k to read as follows: § 29-K. RESILIENT RETROFITS LOAN AND GRANT PROGRAM EXPANSION. 1. FOR THE PURPOSES OF THIS SECTION, "DIVISION" SHALL MEAN THE DIVISION OF HOUSING AND COMMUNITY RENEWAL. 2. THE DIVISION OF HOUSING AND COMMUNITY RENEWAL, IN CONJUNCTION WITH THE COMPTROLLER, HOME HEADQUARTERS, INC., AND COMMUNITY DEVELOPMENT LONG ISLAND (CDLI), SHALL ESTABLISH AND ADMINISTER THE RESILIENT RETROFITS LOAN AND GRANT PROGRAM AS PROVIDED IN THIS SECTION. 3. (A) THE RESILIENT RETROFIT LOAN AND PROGRAM SHALL PROVIDE LOW OR NO-INTEREST LOANS TO INDIVIDUAL PROPERTY OWNERS TO PROVIDE FINANCING FOR HAZARD MITIGATION AND RESILIENCE PROJECTS, INCLUDING BUT NOT LIMITED TO REPAIRS, CLEANUPS, AND UPGRADES OF PRIVATE SEWERS IN MULTIPLE DWELLINGS AND SINGLE-FAMILY HOMES WHERE THE SEWER CAPACITY FOR SUCH PRIVATE SEWERS HAS BEEN EXCEEDED. SUCH LOANS MAY BE ATTACHED TO PROPERTY TAXES, ALLOW- ING FOR THE PROPERTY TO BE SOLD SO LONG AS THE NEW OWNER AGREES TO ASSUME THE DEBT OBLIGATION. (B) LOANS PROVIDED UNDER THIS SECTION MAY BE USED TO SATISFY THE NON- FEDERAL MATCH FOR FEDERAL MITIGATION GRANTS. 4. (A) RESILIENT NEW YORK REVOLVING LOAN PROGRAM SHALL PROVIDE GRANTS TO INDIVIDUAL PROPERTY OWNERS TO PROVIDE FINANCING FOR HAZARD MITIGATION AND RESILIENCE PROJECTS, INCLUDING BUT NOT LIMITED TO CONSTRUCTION AND MAINTENANCE OF FLOOD AND/OR BACK-UP PRIVATE SEWER LINES IN MULTIPLE DWELLINGS AND SINGLE-FAMILY HOMES WHERE THE SEWER CAPACITY FOR SUCH PRIVATE SEWERS HAS BEEN EXCEEDED. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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