Bill Text: NY A09735 | 2013-2014 | General Assembly | Introduced

New York Assembly Bill 9735 (Prior Session Legislation)

Introduced

Bill Title: Relates to the powers of the state of New York mortgage agency and extending the provisions thereof.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2014-06-30 - signed chap.68 [A09735 Detail]

Download: New_York-2013-A09735-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         9735
                                 I N  A S S E M B L Y
                                     May 20, 2014
                                      ___________
       Introduced by M. of A. WRIGHT -- (at request of the New York State Homes
         and  Community  Renewal) -- read once and referred to the Committee on
         Housing
       AN ACT to amend chapter 246 of the laws  of  2010  amending  the  public
         authorities  law relating to the powers of the state of New York mort-
         gage agency, in relation to extending the provisions thereof
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Section 5 of chapter 246 of the laws of 2010 amending the
    2  public authorities law relating to the powers of the state of  New  York
    3  mortgage  agency,  as  amended  by  chapter  162 of the laws of 2012, is
    4  amended to read as follows:
    5    S 5. This act shall take effect immediately and shall  expire  and  be
    6  deemed  repealed   on and after [June 30, 2014] JULY 23, 2015; provided,
    7  however, that the amendments  to  paragraph  (c)  of  subdivision  8  of
    8  section  2428  of the public authorities law made by section two of this
    9  act shall not affect the expiration of such  subdivision  and  shall  be
   10  deemed to expire therewith.
   11    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD13822-01-4