Senate Bill S6433

2019-2020 Legislative Session

Increases the annual amount of loans authorized to be made to an agricultural producer from the housing development fund

download bill text pdf

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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2019-S6433 (ACTIVE) - Details

See Assembly Version of this Bill:
A7402
Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Private Housing Finance Law
Laws Affected:
Amd §576-d, Priv Hous Fin L

2019-S6433 (ACTIVE) - Summary

Increases the annual amount of loans authorized to be made to an agricultural producer from the housing development fund.

2019-S6433 (ACTIVE) - Sponsor Memo

2019-S6433 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6433
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                               June 11, 2019
                                ___________
 
 Introduced  by  Sen. METZGER -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the private housing finance law, in relation to increas-
   ing the annual amount of loans made to an agricultural  producer  from
   the housing development fund

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph (b) of subdivision 2  of  section  576-d  of  the
 private  housing  finance  law, as amended by chapter 428 of the laws of
 2004, is amended to read as follows:
   (b) the total amount of loans made to any single agricultural producer
 shall not exceed [one] TWO hundred thousand dollars per annum;
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11268-01-9

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