NY S01513 | 2011-2012 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 10 2011 - 25% progression, died in committee
Action: 2012-01-04 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Pending: Senate Housing, Construction, and Community Development Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Requires companies aided by loans under Mitchell-Lama to notify tenants of such housing of the possibility of buyout from mortgages held which would potentially result in rent increases not later than twelve months prior to proposed dissolution; provides such notice shall inform tenants of the nature of the action, the date intended, the applicable laws and a summary of the potential consequences including expenses and rent increases which may be charged; requires the commissioner or supervising agency to prepare a report to be made available to the tenants of the project.

Tracking Information

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Title

Requires companies aided by loans under Mitchell-Lama to notify tenants of such housing of the possibility of buyout from mortgages held which would potentially result in rent increases not later than twelve months prior to proposed dissolution; provides such notice shall inform tenants of the nature of the action, the date intended, the applicable laws and a summary of the potential consequences including expenses and rent increases which may be charged; requires the commissioner or supervising agency to prepare a report to be made available to the tenants of the project.

Sponsors


History

DateChamberAction
2012-01-04SenateREFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
2011-01-10SenateREFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

Same As/Similar To

A02592 (Same As) 2012-01-24 - ordered to third reading rules cal.9

New York State Sources


Bill Comments

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