Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 05, 2010 |
referred to housing |
Assembly Bill A10140
2009-2010 Legislative Session
Sponsored By
CAHILL
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
co-Sponsors
Frank Skartados
Peter Lopez
2009-A10140 (ACTIVE) - Details
2009-A10140 (ACTIVE) - Sponsor Memo
BILL NUMBER:A10140 TITLE OF BILL: An act to amend section 3 of part NN of chapter 57 of the laws of 2008 relating to authorizing the New York state mortgage agency to transfer certain moneys, in relation to the use of surplus funds from the greater Catskills flood remediation program PURPOSE OR GENERAL IDEA OF BILL: To authorize the purchase of homes near the New York City aqueducts which are susceptible to flooding or water infiltration near the leaking New York City owned aqueduct in Ulster County near the Rondout Reser- voir. SUMMARY OF SPECIFIC PROVISIONS: Authorizes the use of remaining funds from the Greater Catskills Flood remediation program (of which there are currently approximately $4 million in unused funds) to purchase homes within two miles of the New York City Aqueducts in the County of Ulster. The homes must be subject to water seepage and be under $250,000 in fair market value. EFFECTS OF PRESENT LAW WHICH THIS BILL WOULD ALTER: The Catskills have been subject to substantial flooding over the last several years. While various persons blame other persons for the action, the reality is year in and year out, families were being victimized by the flooding and lives were being lost. The Legislature enacted the Greater Catskills Flood Remediation Program which allocated $15 million
2009-A10140 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10140 I N A S S E M B L Y March 5, 2010 ___________ Introduced by M. of A. CAHILL -- read once and referred to the Committee on Housing AN ACT to amend section 3 of part NN of chapter 57 of the laws of 2008 relating to authorizing the New York state mortgage agency to transfer certain moneys, in relation to the use of surplus funds from the greater Catskills flood remediation program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 3 of part NN of chapter 57 of the laws of 2008 relating to authorizing the New York state mortgage agency to transfer certain moneys, as amended by section 1 of part B of chapter 2 of the laws of 2009, is amended to read as follows: S 3. (A) Within the amounts transferred to the corporation pursuant to section one of this act for the greater Catskills flood remediation program, the corporation shall provide funds to the counties of Broome, Chenango, Delaware, Herkimer, Montgomery, Orange, Otsego, Schoharie, Sullivan, Tioga and Ulster, upon application by a county and within the amounts available for disbursement to such county, to enable the coun- ties to purchase and demolish one or two family homes that have been certified by the local building inspector and county emergency manage- ment director, to the satisfaction of the corporation, as having been subject to one or more incidents of flooding since April 1, 2004 and as likely to be subject to a future flood incident that would cause substantial damage thereto. Any application by a county for disbursement of funds under this act shall demonstrate, to the satisfaction of the corporation, that: (1) the home is occupied as the primary residence of an owner with a family income of up to one hundred fifty percent of the area median income as defined by the United States department of housing and urban development, provided, however, that an otherwise eligible home shall be eligible for purchase under this act if the current owner can demonstrate that the home was occupied as the owner's primary resi- dence prior to a flood event that rendered the home unsuitable for habi- tation; (2) the current appraised value of the home does not exceed two hundred fifty thousand dollars and the purchase price for the home will EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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