NY S03960 | 2013-2014 | General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 1 2013 - 25% progression, died in committee
Action: 2014-01-08 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
Pending: Senate Corporations, Authorities and Commissions Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 1 2013 - 25% progression, died in committee
Action: 2014-01-08 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
Pending: Senate Corporations, Authorities and Commissions Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes a reverse mortgage loan program for low income seniors; provides for the state of NY mortgage agency to establish many of the parameters for the implementation of the program; defines terms; requires a care needs assessment of each applicant; further provides that area agencies on aging shall provide counseling and assistance to applicants; directs the state of New York mortgage agency to issue an annual report to the governor and the legislature.
Title
Establishes a reverse mortgage loan program for low income seniors; provides for the state of NY mortgage agency to establish many of the parameters for the implementation of the program; defines terms; requires a care needs assessment of each applicant; further provides that area agencies on aging shall provide counseling and assistance to applicants; directs the state of New York mortgage agency to issue an annual report to the governor and the legislature.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2014-01-08 | Senate | REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS |
| 2013-03-01 | Senate | REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS |
Same As/Similar To
A03583 (Same As) 2014-01-08 - referred to housing
