Senate Bill S5135

2009-2010 Legislative Session

Preferences under the affordable home ownership development program for service related disabled veterans

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Sponsored By

Archive: Last 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

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2009-S5135 (ACTIVE) - Details

See Assembly Version of this Bill:
A4080
Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Amd ยง1112, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2011-2012: S2507, A1351
2013-2014: S4287, A388
2015-2016: S3969, A3320
2017-2018: S5158, A1654
2019-2020: S3630, A4598
2021-2022: S6411, A5949
2023-2024: A1990

2009-S5135 (ACTIVE) - Summary

Provides for preferences under the affordable home ownership development program for service related disabled veterans.

2009-S5135 (ACTIVE) - Sponsor Memo

2009-S5135 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5135

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                             April 27, 2009
                               ___________

Introduced  by Sen. McDONALD -- read twice and ordered printed, and when
  printed to be committed to the Committee on Housing, Construction  and
  Community Development

AN  ACT to amend the private housing finance law, in relation to prefer-
  ences under the affordable  home  ownership  development  program  for
  service related disabled veterans

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Paragraph (a) of subdivision  3  of  section  1112  of  the
private  housing  finance  law, as amended by chapter 898 of the laws of
1986, is amended to read as follows:
  (a) Serve the lowest income households in the applicable region and is
designed to continue to be affordable to such households for a  substan-
tial  period of time[.] OR SERVE HOUSEHOLDS IN WHICH THE HOME BUYER IS A
SERVICE RELATED DISABLED VETERAN.
  FOR PURPOSES OF THIS SECTION, "SERVICE RELATED DISABLED VETERAN" SHALL
MEAN A PERSON (I) WHO SERVED IN  THE  ACTIVE  MILITARY,  NAVAL,  OR  AIR
SERVICE  DURING A TIME OF WAR AS DEFINED IN THIS PARAGRAPH, OR WHO WAS A
RECIPIENT OF THE ARMED FORCES EXPEDITIONARY  MEDAL,  NAVY  EXPEDITIONARY
MEDAL,  MARINE  CORPS  EXPEDITIONARY  MEDAL,  OR GLOBAL WAR ON TERRORISM
EXPEDITIONARY MEDAL, AND WHO WAS DISCHARGED OR RELEASED THEREFROM  UNDER
HONORABLE CONDITIONS, (II) HAS BEEN AWARDED A DISABILITY RATING OF FORTY
PERCENT  OR HIGHER FROM THE FEDERAL VETERAN'S ADMINISTRATION OR FROM THE
UNITED STATES DEPARTMENT OF DEFENSE, WHERE THAT DISABILITY WAS  INCURRED
IN  LINE  OF DUTY IN THE ACTIVE MILITARY, NAVAL OR AIR SERVICE, AS DOCU-
MENTED ACCORDING TO RULES AND REGULATIONS TO BE PROMULGATED BY THE DIVI-
SION.
  FOR THE PURPOSES OF THIS SECTION, "SERVICE DURING TIME OF  WAR"  SHALL
MEAN: (I) THE INDIVIDUAL IN QUESTION WAS A RECIPIENT OF THE ARMED FORCES
EXPEDITIONARY  MEDAL,  THE  NAVY EXPEDITIONARY MEDAL OR THE MARINE CORPS
EXPEDITIONARY MEDAL FOR PARTICIPATION IN OPERATIONS IN LEBANON FROM JUNE

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01156-01-9
              

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