Bill Text: NY A10212 | 2023-2024 | General Assembly | Amended

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Bill Title: Extends provisions of law relating to new owners of buildings for which administrators have been appointed pursuant to article 7-A of the real property actions and proceedings law from June 30, 2024 until June 30, 2027.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced) 2024-05-22 - ordered to third reading rules cal.125 [A10212 Detail]

Download: New_York-2023-A10212-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                        10212--A

                   IN ASSEMBLY

                                      May 13, 2024
                                       ___________

        Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Davila) --
          read once and referred  to  the  Committee  on  Housing  --  committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee

        AN ACT to amend chapter 375 of the laws of 1999, amending the real prop-
          erty  actions  and proceedings law relating to new owners of buildings
          for which administrators have been appointed pursuant to  article  7-A
          of such law, in relation to the effectiveness thereof

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Section 2 of chapter 375 of the laws of 1999, amending  the
     2  real  property  actions  and  proceedings  law relating to new owners of
     3  buildings for which administrators have been appointed pursuant to arti-
     4  cle 7-A of such law, as amended by chapter 180 of the laws of  2021,  is
     5  amended to read as follows:
     6    § 2. This act shall take effect immediately and shall remain in effect
     7  until  June  30, [2024] 2027, when upon such date the provisions of this
     8  act shall expire and be deemed repealed.
     9    § 2. This act shall take effect immediately; provided,  however,  that
    10  if  this act shall have become a law after June 30, 2024, this act shall
    11  take effect immediately and shall be deemed to have been in  full  force
    12  and effect on and after June 30, 2024.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15552-02-4