Assembly Bill A1128

2013-2014 Legislative Session

Provides that in N.Y. city, the rent following the dissolution date shall be the last rent authorized for the affected dwelling

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Archive: Last Bill Status - In Senate Committee Rules 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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2013-A1128 (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
Private Housing Finance Law
Laws Affected:
Add ยง35-a, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: A9854
2011-2012: A1926
2015-2016: A723
2017-2018: A4159
2019-2020: A957
2021-2022: A1904
2023-2024: A467
2025-2026: A887

2013-A1128 (ACTIVE) - Summary

Provides that in cities with a population of one million or more, the rent following the dissolution date of Mitchell-Lama developments shall be the last rent authorized for the affected dwelling.

2013-A1128 (ACTIVE) - Bill Text download pdf 

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

                                  1128

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  M.  of A. ROSENTHAL, BENEDETTO, MILLMAN, ROBINSON, COOK,
  WRIGHT, CAMARA, MARKEY, TITONE, MAISEL, O'DONNELL, DINOWITZ, KAVANAGH,
  TITUS, CYMBROWITZ, COLTON, BROOK-KRASNY, GIBSON -- Multi-Sponsored  by
  --  M.  of  A. BARRON, BOYLAND, BRENNAN, CASTRO, FARRELL, GLICK, GOTT-
  FRIED, HEASTIE, HEVESI, KELLNER, RIVERA -- read once and  referred  to
  the Committee on Housing

AN  ACT to amend the private housing finance law, in relation to limited
  profit housing companies in a city with a population of one million or
  more

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

  Section  1. The private housing finance law is amended by adding a new
section 35-a to read as follows:
  S 35-A. RENT FOLLOWING DISSOLUTION. 1. AS USED IN  THIS  SECTION,  THE
FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  (A)  "AFFECTED DEVELOPMENT" SHALL MEAN HOUSING ACCOMMODATIONS THAT (I)
PRIOR TO THE DISSOLUTION DATE WERE  OPERATED  AS  A  RENTAL  DEVELOPMENT
PURSUANT  TO  THIS  ARTICLE; AND (II) FOLLOWING THE DISSOLUTION DATE ARE
SUBJECT TO THE RENT STABILIZATION LAW OF NINETEEN HUNDRED SIXTY-NINE  OR
THE EMERGENCY TENANT PROTECTION ACT OF NINETEEN SEVENTY-FOUR.
  (B)  "AFFECTED DWELLING UNIT" SHALL MEAN A HOUSING UNIT IN AN AFFECTED
DEVELOPMENT.
  (C) "AFFECTED HOUSING COMPANY" SHALL  MEAN  A  LIMITED-PROFIT  HOUSING
COMPANY WITH AN AFFECTED DEVELOPMENT.
  (D) "DISSOLUTION DATE" SHALL MEAN, WITH RESPECT TO ANY AFFECTED DEVEL-
OPMENT,  THE DATE OF DISSOLUTION OR RECONSTITUTION OF THE AFFECTED HOUS-
ING  COMPANY  WITH  SUCH  AFFECTED  DEVELOPMENT  PURSUANT   TO   SECTION
THIRTY-FIVE OF THIS ARTICLE.
  2.  NOTWITHSTANDING  THE  PROVISIONS  OF ANY GENERAL, SPECIAL OR LOCAL
LAW:  (A) THE INITIAL LEGAL REGULATED RENT  FOR  ANY  AFFECTED  DWELLING

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

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