Bill Text: NY A04644 | 2009-2010 | General Assembly | Introduced

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Bill Title: An act to amend the social services law and the state finance law, in relation to establishing a revolving loan program whereunder short term loans are made available to families receiving public assistance who are threatened with eviction; and making an appropriation therefor

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2010-01-06 - referred to social services [A04644 Detail]

Download: New_York-2009-A04644-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         4644
                              2009-2010 Regular Sessions
                                 I N  A S S E M B L Y
                                   February 5, 2009
                                      ___________
       Introduced  by  M. of A. V. LOPEZ, SEMINERIO -- Multi-Sponsored by -- M.
         of A. CLARK -- read once and  referred  to  the  Committee  on  Social
         Services
       AN  ACT  to  amend the social services law and the state finance law, in
         relation to establishing a revolving  loan  program  whereunder  short
         term  loans are made available to families receiving public assistance
         who are threatened with eviction; and making an appropriation therefor
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.    Article  2-A  of  the social services law is amended by
    2  adding a new title 5 to read as follows:
    3                                   TITLE 5
    4                           REVOLVING LOAN PROGRAM
    5  SECTION 53. REVOLVING LOAN PROGRAM.
    6    S 53. REVOLVING LOAN PROGRAM. 1. THE COMMISSIONER  OF  THE  OFFICE  OF
    7  TEMPORARY  AND  DISABILITY  ASSISTANCE  IS HEREBY AUTHORIZED, WITHIN THE
    8  LIMITS OF FUNDS AVAILABLE IN THE REVOLVING LOAN PROGRAM FUND ESTABLISHED
    9  PURSUANT TO SECTION NINETY-TWO-H OF THE STATE FINANCE LAW, TO ENTER INTO
   10  CONTRACTS WITH UP TO TWENTY SOCIAL SERVICES DISTRICTS TO PROVIDE  FINAN-
   11  CIAL ASSISTANCE IN THE FORM OF LOANS TO PUBLIC ASSISTANCE RECIPIENTS WHO
   12  ARE  IN  DANGER  OF  BECOMING HOMELESS. SUCH GRANTS SHALL BE PROVIDED TO
   13  CREATE A REVOLVING LOAN PROGRAM ADMINISTERED BY THE  LOCAL  DISTRICT  TO
   14  PROVIDE  SHORT TERM LOANS TO FAMILIES RECEIVING PUBLIC ASSISTANCE PURSU-
   15  ANT TO ARTICLE FIVE OF THIS CHAPTER WHO ARE IN IMMINENT DANGER OF  HOME-
   16  LESSNESS BY REASON OF EVICTION. SUCH LOANS:
   17    (A) SHALL BE IN AN AMOUNT NOT TO EXCEED SIX HUNDRED DOLLARS PER LOAN;
   18    (B) SHALL BE INTEREST FREE AND FIVE YEARS IN DURATION;
   19    (C) SHALL BE LIMITED TO ONE SUCH LOAN PER ELIGIBLE FAMILY; AND
   20    (D)  SHALL  BE  PROVIDED  IN ACCORDANCE WITH THE TERMS OF THE CONTRACT
   21  BETWEEN THE OFFICE OF TEMPORARY AND DISABILITY SERVICES AND  THE  SOCIAL
   22  SERVICES DISTRICT.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD06234-01-9
       A. 4644                             2
    1    2.  FROM TIME TO TIME, THE COMMISSIONER OF THE OFFICE OF TEMPORARY AND
    2  DISABILITY ASSISTANCE, IN CONSULTATION WITH THE COMMISSIONER OF  HOUSING
    3  AND  COMMUNITY RENEWAL, MAY ISSUE REQUESTS FOR PROPOSALS AND APPLICATION
    4  FORMS FOR FINANCIAL ASSISTANCE UNDER THIS  TITLE.  THE  SOCIAL  SERVICES
    5  DISTRICTS TO BE INCLUDED IN THE REVOLVING LOAN PROGRAM SHALL BE SELECTED
    6  COMPETITIVELY  FROM  REQUESTS  FOR  PROPOSALS. THE APPLICATION FORMS MAY
    7  REQUIRE THE SUBMISSION OF SUCH INFORMATION AS THE  COMMISSIONER  OF  THE
    8  OFFICE OF TEMPORARY AND DISABILITY ASSISTANCE DEEMS NECESSARY.
    9    S  2. The state finance law is amended by adding a new section 92-h to
   10  read as follows:
   11    S 92-H. REVOLVING LOAN PROGRAM FUND. 1. THERE IS HEREBY ESTABLISHED IN
   12  THE JOINT CUSTODY OF THE STATE COMPTROLLER AND THE COMMISSIONER OF TAXA-
   13  TION AND FINANCE A SPECIAL FUND TO  BE  KNOWN  AS  THE  "REVOLVING  LOAN
   14  PROGRAM FUND".
   15    2.  THE  REVOLVING LOAN PROGRAM FUND SHALL CONSIST OF MONEYS APPROPRI-
   16  ATED TO IT FROM THE GENERAL FUND AND ALLOCATED PURSUANT TO A CERTIFICATE
   17  OF APPROVAL OF AVAILABILITY ISSUED BY THE DIRECTOR OF THE BUDGET AND ALL
   18  OTHER MONEYS CREDITED, APPROPRIATED  OR  TRANSFERRED  THERETO  FROM  ANY
   19  OTHER FUND OR SOURCES.
   20    3. MONEYS OF THE FUND, FOLLOWING APPROPRIATION BY THE LEGISLATURE, MAY
   21  BE EXPENDED IN ACCORDANCE WITH TITLE FIVE OF ARTICLE TWO-A OF THE SOCIAL
   22  SERVICES  LAW,  PURSUANT  TO  A  CERTIFICATE OF APPROVAL OF AVAILABILITY
   23  ISSUED BY THE DIRECTOR OF THE BUDGET.
   24    4. MONEYS OF THE FUND MAY BE INVESTED BY  THE  STATE  COMPTROLLER  AND
   25  INCOME FROM SUCH INVESTMENTS SHALL BE CREDITED TO THE GENERAL FUND.
   26    S 3. The sum of three million dollars ($3,000,000), or so much thereof
   27  as  may  be  necessary,  is  hereby  appropriated  to the revolving loan
   28  program fund established pursuant to section 92-h of the  state  finance
   29  law  from  any  moneys  in the state treasury in the general fund to the
   30  credit of the state purposes account not otherwise appropriated for  the
   31  purposes  of  making  short  term  loans available to families receiving
   32  public assistance who are in imminent danger of homelessness  by  reason
   33  of  eviction.  Such sum shall be payable on the audit and warrant of the
   34  state comptroller on  vouchers  certified  or  approved  in  the  manner
   35  prescribed by law.
   36    S 4. This act shall take effect January 1, 2010.