NY State Senate Bill 2017-S2254

Senate Bill S2254

2017-2018 Legislative Session

Provides for the appointment of the members of the New York state housing finance agency, the housing trust fund corporation and the affordable housing corporation

download bill text pdf

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

Please enter your contact information

First Name

Last Name

Email Address

A valid email address is required.

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jun 20, 2018	committed to rules
May 08, 2018	advanced to third reading
May 07, 2018	2nd report cal.
May 02, 2018	1st report cal.1016
Jan 03, 2018	referred to housing, construction and community development returned to senate died in assembly
Mar 07, 2017	referred to housing delivered to assembly passed senate
Jan 31, 2017	advanced to third reading
Jan 30, 2017	2nd report cal.
Jan 24, 2017	1st report cal.95
Jan 12, 2017	referred to housing, construction and community development

Votes

- Mar 7, 2017 - Floor Vote
  S2254
  
  60
  
  Aye
  
  0
  
  Nay
  
  0
  
  Absent
  
  2
  
  Excused
  
  0
  
  Abstained
  - - Floor Vote: Mar 7, 2017
      
      aye (60)
      
      Addabbo Jr.
      
      Akshar
      
      Alcantara
      
      Amedore
      
      Avella
      
      Bailey
      
      Bonacic
      
      Boyle
      
      Breslin
      
      Brooks
      
      Carlucci
      
      Comrie
      
      Croci
      
      DeFrancisco
      
      Diaz
      
      Felder
      
      Flanagan
      
      Funke
      
      Gallivan
      
      Gianaris
      
      Golden
      
      Griffo
      
      Hamilton
      
      Helming
      
      Hoylman-Sigal
      
      Jacobs
      
      Kaminsky
      
      Kennedy
      
      Klein
      
      Krueger
      
      LaValle
      
      Lanza
      
      Larkin
      
      Latimer
      
      Little
      
      Marcellino
      
      Marchione
      
      Montgomery
      
      Murphy
      
      O'Mara
      
      Ortt
      
      Parker
      
      Peralta
      
      Persaud
      
      Phillips
      
      Ranzenhofer
      
      Ritchie
      
      Rivera
      
      Robach
      
      Sanders Jr.
      
      Savino
      
      Serino
      
      Serrano
      
      Seward
      
      Squadron
      
      Stavisky
      
      Stewart-Cousins
      
      Tedisco
      
      Valesky
      
      Young
      
      excused (2)
      
      Dilan
      
      Hannon
  May 2, 2018 - Housing, Construction And Community Development Committee Vote
  S2254
  
  9
  
  Aye
  
  0
  
  Nay
  
  0
  
  Aye with Reservations
  
  0
  
  Absent
  
  0
  
  Excused
  
  0
  
  Abstained
  - - Housing, Construction And Community Development Committee Vote: May 2, 2018
      
      aye (9)
      
      Avella
      
      Bailey
      
      Bonacic
      
      Boyle
      
      Brooks
      
      Gallivan
      
      Krueger
      
      Little
      
      Young
  Jan 24, 2017 - Housing, Construction And Community Development Committee Vote
  S2254
  
  9
  
  Aye
  
  0
  
  Nay
  
  0
  
  Aye with Reservations
  
  0
  
  Absent
  
  0
  
  Excused
  
  0
  
  Abstained
  - - Housing, Construction And Community Development Committee Vote: Jan 24, 2017
      
      aye (9)
      
      Avella
      
      Bailey
      
      Bonacic
      
      Boyle
      
      Brooks
      
      Gallivan
      
      Krueger
      
      Little
      
      Young

2017-S2254 (ACTIVE) - Details

See Assembly Version of this Bill:: A5774
Current Committee:: Senate Rules
Law Section:: Private Housing Finance Law
Laws Affected:: Amd §§43, 45-a & 45-b, Priv Hous Fin L
Versions Introduced in Other Legislative Sessions:: 2015-2016: S7827, A10601
2019-2020: S7757, A4129

2017-S2254 (ACTIVE) - Summary

Provides for the appointment of the members of the New York state housing finance agency, the housing trust fund corporation and the affordable housing corporation.

2017-S2254 (ACTIVE) - Sponsor Memo

                                 BILL NUMBER:  S2254

 TITLE OF BILL :

An act to amend the private housing finance law, in relation to the
membership of the New York state housing finance agency, the housing
trust fund corporation and the affordable housing corporation

 PURPOSE :

This bill establishes that the membership of the Housing Finance
agency shall be expanded to include one director appointed by the
temporary president of the senate, and one director appointed by the
speaker of the assembly. Further, it aligns membership of the Housing
Finance Agency with its subsidiary corporations, the Housing Trust
Fund Corporation and the Affordable Housing Corporation.

 SUMMARY OF PROVISIONS :

Section one amends subdivision 1 of Section 43 of the Private Housing
Finance Law to include within the composition of the Housing Finance
Agency, one director appointed by the Temporary President of the
Senate and one director appointed by the Speaker of the Assembly. The
directors appointed by the Temporary President of the Senate and the
Speaker of the Assembly shall serve at the pleasure of the Temporary
President of the Senate and the Speaker of the Assembly respectively.

Any vacancy shall be filled, for the unexpired term, if applicable, in
the same manner as the original appointment.

Section two amends subdivision 3 of section 45-a of the Private
Housing Finance Law to align the board composition of the Housing
Trust Fund Corporation with the Housing Finance Agency.

Section three amends subdivision 3 of section 45-b of the Private
Housing Finance Law to align the board composition of the Affordable
Housing Corporation with the Housing Finance Agency.

 JUSTIFICATION :

The Housing Finance Agency (HFA) is a corporate governmental agency
constituting a public benefit corporation. Its membership consists of
the Commissioner of the Division of Housing and Community Renewal
(DHCR), the Director of the Budget, the Commissioner of Taxation and
Finance and four members appointed by the Governor with the advice and
consent of the Senate.

The Housing Trust Fund Corporation (HTFC) and the Affordable Housing
Corporation (AHC) are both subsidiary corporations of HFA. Currently,
the membership of the HTFC includes the Commissioner of DHCR (who
serves as Chair), the Chair of HFA and one additional member to be
appointed by the Chair of the HTFC. The membership of the Affordable
Housing Corporation, includes members of HFA as may be constituted
from time to time, and the Chair of HFA.

To allow for greater efficiency and administration of the State's
housing resources, this bill would expand membership of the Housing
Finance Agency to provide for Senate and Assembly appointees.
Further, the membership composition of the Housing Trust Fund
Corporation and Affordable Housing Corporation, both subsidiary
corporations of the Housing Finance Agency, would be aligned with that
of the Housing Finance Agency.

 LEGISLATIVE HISTORY :

2016: S7827 Passed Senate

 FISCAL IMPLICATIONS :

None

 EFFECTIVE DATE :
This act shall take effect on the first of January next succeeding the
date on which it shall have become law.

2017-S2254 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2254
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             January 12, 2017
                                ___________
 
 Introduced  by  Sen.  LITTLE -- 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 the
   membership of the New York state housing finance agency,  the  housing
   trust fund corporation and the affordable housing corporation
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 1 of section 43 of the private housing  finance
 law,  as added by chapter 528 of the laws of 1969, is amended to read as
 follows:
   1. There is hereby created the "New York state housing  finance  agen-
 cy".  The agency shall be a corporate governmental agency constituting a
 public benefit corporation. Its membership shall consist of the  commis-
 sioner of housing and community renewal, the director of the budget, the
 commissioner of taxation and finance, ONE MEMBER APPOINTED BY THE TEMPO-
 RARY PRESIDENT OF THE SENATE, ONE MEMBER APPOINTED BY THE SPEAKER OF THE
 ASSEMBLY  and  four  members  to  be  appointed by the governor with the
 advice and consent of the senate. The members  first  appointed  by  the
 governor  shall  serve  for terms ending three, four, five and six years
 respectively from January  first  next  succeeding  the  date  of  their
 appointment.  Their  successors shall serve for terms of six years each.
 Members shall continue  in  office  until  their  successors  have  been
 appointed  and qualified.  THE MEMBERS APPOINTED BY THE TEMPORARY PRESI-
 DENT OF THE SENATE AND THE SPEAKER OF THE ASSEMBLY SHALL  SERVE  AT  THE
 PLEASURE OF THE TEMPORARY PRESIDENT OF THE SENATE AND THE SPEAKER OF THE
 ASSEMBLY RESPECTIVELY. In the event of a vacancy occurring in the office
 of  any  member  by death, resignation or otherwise, [the governor shall
 appoint a successor with the advice and consent of the senate  to  serve
 for the balance of the unexpired term] SUCH VACANCY SHALL BE FILLED, FOR
 THE  UNEXPIRED  TERM,  IF APPLICABLE, IN THE SAME MANNER AS THE ORIGINAL
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

                                                            LBD00763-01-7

 S. 2254                             2
 
 APPOINTMENT.  The provisions of section thirty-nine of the public  offi-
 cers law shall apply to such members.
   § 2. Subdivision 3 of section 45-a of the private housing finance law,
 as  added  by  chapter  67  of  the  laws of 1985, is amended to read as
 follows:
   3. The membership of such subsidiary corporation shall [consist of the
 commissioner of housing and community renewal, who shall also  serve  as
 its chairperson, the chairman of the agency and one additional member to
 be  appointed  by  the chairperson of the housing trust fund corporation
 who shall serve at the pleasure of such chairperson. The powers  of  the
 corporation shall be vested in and excercised by no less than two of the
 members  thereof  then in office. The corporation may delegate to one or
 more of its members, or its officers, agents and employees, such  duties
 and  powers as it may deem proper] BE THE SAME AS IDENTIFIED PURSUANT TO
 SUBDIVISION ONE OF SECTION FORTY-THREE OF THIS ARTICLE.
   § 3. Subdivision 3 of section 45-b of the private housing finance law,
 as added by chapter 67 of the laws  of  1985,  is  amended  to  read  as
 follows:
   3. The membership of such subsidiary corporation shall [consist of the
 members  of  the  agency,  as  may be constituted from time to time. The
 chairperson of the agency shall serve as chairperson of the corporation.
 The powers of the corporation shall be vested in and  excercised  by  no
 less  than  four  of the members thereof then in office. The corporation
 may delegate to one or more of its members, or its officers, agents  and
 employees,  such duties and powers as it may deem proper] BE THE SAME AS
 IDENTIFIED PURSUANT TO SUBDIVISION ONE OF SECTION  FORTY-THREE  OF  THIS
 ARTICLE.
   §  4. This act shall take effect on the first of January next succeed-
 ing the date on which it shall have become a law.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.