Senate Bill S2536

2023-2024 Legislative Session

Relates to the creation of a land bank in N.Y. city

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions 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

Do you support this bill?

Please enter your contact information

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

2023-S2536 (ACTIVE) - Details

Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Not-for-Profit Corporation Law
Laws Affected:
Amd §1603, N-PC L
Versions Introduced in Other Legislative Sessions:
2017-2018: S5204
2019-2020: S5109
2021-2022: S5730
2025-2026: S3703

2023-S2536 (ACTIVE) - Summary

Creates a land bank in a city with eight million or more residents by adoption of a local law by the city council; limits board membership to eleven members.

2023-S2536 (ACTIVE) - Sponsor Memo

2023-S2536 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2536
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             January 23, 2023
                                ___________
 
 Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and Commissions
 
 AN  ACT  to amend the not-for-profit corporation law, in relation to the
   creation of a land bank in a city with eight million or more residents
   by adoption of a local law by the city council

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The opening paragraph and subparagraph 2 of paragraph (a)
 of section 1603 of the not-for-profit corporation law, the opening para-
 graph as added by chapter 257 of the laws of 2011 and subparagraph 2  as
 amended  by  chapter  372  of  the  laws of 2013, are amended to read as
 follows:
   Any foreclosing governmental unit  may  create  a  land  bank  by  the
 adoption of a local law, ordinance, or resolution as appropriate to such
 foreclosing  governmental  unit  AND  IN  ADDITION,  ANY CITY WITH EIGHT
 MILLION OR MORE RESIDENTS MAY CREATE A LAND BANK BY ADOPTION OF A  LOCAL
 LAW BY THE CITY COUNCIL which action specifies the following:
   (2)  the  number  of  members  of  the board of directors, which shall
 consist of an odd number of members, and shall be  not  less  than  five
 members nor more than [fifteen] ELEVEN members;
   § 2. This act shall take effect immediately.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03441-01-3

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.