Bill Text: NY A03541 | 2017-2018 | General Assembly | Introduced

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Bill Title: Provides for the declaration of housing emergencies for rental housing accommodations located in buildings owned by certain limited-profit housing companies.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2018-01-03 - ordered to third reading cal.275 [A03541 Detail]

Download: New_York-2017-A03541-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          3541
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                    January 27, 2017
                                       ___________
        Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
          tee on Housing
        AN ACT to amend the emergency tenant protection act of  nineteen  seven-
          ty-four,  in  relation  to  the declaration of housing emergencies for
          rental housing accommodations located in buildings  owned  by  certain
          limited-profit housing companies
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 5 of section 4 of chapter 576 of the laws of  1974,
     2  constituting  the  emergency  tenant protection act of nineteen seventy-
     3  four, is amended by adding a new subdivision c to read as follows:
     4    c. Notwithstanding the provisions of paragraph three or five of subdi-
     5  vision a of this section but subject to any other applicable  exceptions
     6  in  such subdivision, rental housing accommodations located in buildings
     7  which were owned by a company established under article 2 of the private
     8  housing finance law, other  than  a  mutual  company,  that  voluntarily
     9  dissolved  pursuant  to section 35 of such law shall be fully subject to
    10  the provisions of this act.  The provision of subdivision a  of  section
    11  nine  of  this  act  shall  not apply to any housing accommodation which
    12  became subject to this act pursuant to this subdivision.
    13    § 2. This act shall take effect immediately and shall apply to housing
    14  companies that dissolve before, on or after such date; provided,  howev-
    15  er,  that the amendments to the emergency tenant protection act of nine-
    16  teen seventy-four made by this act shall not affect  the  expiration  of
    17  such  act  as provided in section 17 of chapter 576 of the laws of 1974,
    18  as amended and shall be deemed to expire therewith.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08693-01-7