Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 05, 2022 |
referred to housing |
Jan 22, 2021 |
referred to housing |
Assembly Bill A3274
2021-2022 Legislative Session
Sponsored By
DINOWITZ
Archive: Last Bill Status - In Assembly 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
Actions
2021-A3274 (ACTIVE) - Details
- See Senate Version of this Bill:
- S2017
- Current Committee:
- Assembly Housing
- Law Section:
- Public Housing Law
- Laws Affected:
- Amd §156, Pub Hous L; amd §§31 & 85-a, Priv Hous Fin L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
A833
2011-2012: A1285, S3118
2013-2014: A618, S1823
2015-2016: A124, S3570
2017-2018: A2497, S2378
2019-2020: A3247, S3357
2023-2024: A2179, S4968
2021-A3274 (ACTIVE) - Summary
Defines "probable aggregate annual income" for purposes of determining eligibility for limited profit and limited dividend housing companies, as the annual net income after federal, state and municipal income taxes are deducted from gross income of the chief wage earner.
2021-A3274 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3274 2021-2022 Regular Sessions I N A S S E M B L Y January 22, 2021 ___________ Introduced by M. of A. DINOWITZ -- read once and referred to the Commit- tee on Housing AN ACT to amend the public housing law and the private housing finance law, in relation to defining probable aggregate annual income THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The closing paragraph of subdivision 1 of section 156 of the public housing law, as amended by chapter 893 of the laws of 1974, is amended to read as follows: C. The "probable aggregate annual income" means the annual NET income [of the chief wage earner of the family] AFTER FEDERAL, STATE AND MUNIC- IPAL INCOME TAXES ARE DEDUCTED FROM THE GROSS INCOME OF THE CHIEF WAGE EARNER plus all other income of other members of the family over the age of twenty-one years, plus a proportion of the income of members under the age of twenty-one years to be determined by the authority solely for the purpose of establishing rent to be paid except that the authority may exclude a proportion of the income of other members of the family over the age of twenty-one years for the purpose of determining eligibility for admission or continued occupancy, or for establishing rental of such family, or for all such purposes, subject to approval by the commissioner with respect to state projects. § 2. Paragraph (a) of subdivision 2 of section 31 of the private hous- ing finance law, as amended by section 1 of subpart G of part XX of chapter 55 of the laws of 2020, is amended to read as follows: (a) The dwelling or non-housekeeping accommodations without board in a company project shall be available for persons or families of low income whose probable aggregate annual income at the time of admission and during the period of occupancy does not exceed, the greater of (i) the median income for such persons or families for the metropolitan statis- tical area in which the project is located, or if a project is located outside a metropolitan statistical area, the median income for such EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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