Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 03, 2010 |
3rd reading cal.1428 substituted for s5509 |
Apr 12, 2010 |
referred to housing, construction and community development delivered to senate passed assembly |
Jan 06, 2010 |
ordered to third reading cal.200 returned to assembly died in senate |
Apr 21, 2009 |
referred to housing, construction and community development delivered to senate passed assembly |
Feb 19, 2009 |
advanced to third reading cal.93 |
Feb 10, 2009 |
reported |
Jan 15, 2009 |
referred to housing |
Assembly Bill A2361
2009-2010 Legislative Session
Sponsored By
LOPEZ V
Archive: Last Bill Status - On Floor Calendar
- 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
Jonathan Bing
Brian Kavanagh
Alec Brook-Krasny
Keith L.T. Wright
multi-Sponsors
Vanessa Gibson
Deborah Glick
Richard Gottfried
Joan Millman
2009-A2361 (ACTIVE) - Details
2009-A2361 (ACTIVE) - Summary
Requires companies aided by loans under Mitchell-Lama to notify tenants of such housing of the possibility of buyout from mortgages held which would potentially result in rent increases not later than twelve months prior to proposed dissolution; provides such notice shall inform tenants of the nature of the action, the date intended, the applicable laws and a summary of the potential consequences including expenses and rent increases which may be charged; requires the commissioner or supervising agency to prepare a report to be made available to the tenants of the project.
2009-A2361 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2361 2009-2010 Regular Sessions I N A S S E M B L Y January 15, 2009 ___________ Introduced by M. of A. V. LOPEZ, BING, KAVANAGH, BROOK-KRASNY, WRIGHT, SPANO, ROBINSON -- Multi-Sponsored by -- M. of A. GLICK, GOTTFRIED, MILLMAN, ROSENTHAL -- read once and referred to the Committee on Hous- ing AN ACT to amend the private housing finance law, in relation to notifi- cation of tenants of pending "buy out" from mortgages by Mitchell-Lama building owners THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 35 of the private housing finance law is amended by adding two new subdivisions 5 and 6 to read as follows: 5. (A) ANY COMPANY WHICH INTENDS TO DISSOLVE OR OTHERWISE TAKE ANY ACTION WHICH WOULD CAUSE THE COMPANY TO NO LONGER BE SUBJECT TO SUPER- VISION OF THE COMMISSIONER OR THE SUPERVISING AGENCY SHALL PROVIDE TO EVERY LEASE HOLDER OF AN APARTMENT IN THE PROJECT OF SUCH COMPANY, NOTICE NOT LESS THAN TWELVE MONTHS PRIOR TO THE ANTICIPATED DATE OF SUCH ACTION CONTAINING THE FOLLOWING INFORMATION IN PLAIN LANGUAGE: (I) THE NATURE OF THE ACTION WHICH THE COMPANY INTENDS TO TAKE; (II) THE DATE ON WHICH SUCH ACTION IS ANTICIPATED TO TAKE PLACE; (III) THE PROVISIONS OF LAW OR REGULATION PURSUANT TO WHICH SUCH ACTION IS AUTHORIZED; AND (IV) A SUMMARY OF THE POTENTIAL CONSEQUENCES OF SUCH ACTION, INCLUD- ING, BUT NOT LIMITED TO, ITS EFFECT ON THE FOLLOWING: (1) OWNERSHIP OF THE PROJECT; (2) SUPERVISION OF THE PROJECT; (3) EXPENSES OF THE PROJECT INCLUDING TAXES AND OTHER MUNICIPAL CHARG- ES; AND (4) RENTS. (B) ANY CITY, TOWN OR VILLAGE MAY ENACT LOCAL LAWS, ORDINANCES, RESOL- UTIONS OR REGULATIONS NOT LESS RESTRICTIVE THAN THOSE PROVIDED IN THIS SUBDIVISION. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. A LBD05739-01-9
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