Bill Sponsors: NY A05634 | 2019-2020 | General Assembly

Bill Title: Directs the department of financial services to periodically inspect residential real properties for which a lender has a duty to maintain; authorizes the department of financial services or the municipality to impose a $500 a day civil penalty for the failure of a lender to maintain an abandoned property that it has a duty to maintain; requires such lenders to register with the statewide vacant and abandoned property electronic registry.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced - Dead) 2020-01-08 - referred to judiciary [A05634 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Assemblymember Helene Weinstein [D]PrimarySponsored BillsHD-041FollowTheMoneyBallotpediaVoteSmart
Assemblymember Jeffrey Dinowitz [D]CosponsorSponsored BillsHD-081FollowTheMoneyBallotpediaVoteSmart
Assemblymember William Colton [D]CosponsorSponsored BillsHD-047FollowTheMoneyBallotpediaVoteSmart
Assemblymember Alfred Taylor [D]CosponsorSponsored BillsHD-071FollowTheMoneyBallotpediaVoteSmart

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