Bill Text: NY A10214 | 2023-2024 | General Assembly | Amended

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Bill Title: Extends provisions of law related to buildings that are part of urban development action area projects and are rehabilitated with municipal loans.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2024-06-28 - signed chap.148 [A10214 Detail]

Download: New_York-2023-A10214-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                        10214--A

                   IN ASSEMBLY

                                      May 13, 2024
                                       ___________

        Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Jackson) --
          read once and referred  to  the  Committee  on  Housing  --  committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee

        AN  ACT  to  amend chapter 613 of the laws of 1996, amending the general
          municipal law relating to buildings that are part of urban development
          action area projects and are rehabilitated with  municipal  loans,  in
          relation to extending the effectiveness thereof

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Section 2 of chapter 613 of the laws of 1996, amending  the
     2  general  municipal  law  relating  to  buildings  that are part of urban
     3  development action area projects and are  rehabilitated  with  municipal
     4  loans, as amended by chapter 140 of the laws of 2021, is amended to read
     5  as follows:
     6    §  2.  This act shall take effect immediately and shall remain in full
     7  force and effect until and including June 30, [2024] 2027  with  respect
     8  to  multiple dwellings rehabilitated with the aid of a loan from a muni-
     9  cipality, pursuant to subdivision 1 of  section  696-a  of  the  general
    10  municipal  law as designated by section one of this act, that has closed
    11  on or prior to such date, after which date it shall expire and be deemed
    12  repealed except that multiple dwellings that are subject to the emergen-
    13  cy housing rent control law, the local emergency  housing  rent  control
    14  act, the emergency tenant protection act of nineteen seventy-four and/or
    15  any  local  law  enacted  pursuant  thereto pursuant to subdivision 2 of
    16  section 696-a of the general municipal law as added by  section  one  of
    17  this  act, shall continue to be subject thereto as provided in or pursu-
    18  ant to such laws and/or acts.
    19    § 2. This act shall take effect immediately; provided,  however,  that
    20  if  this  act  shall  have become a law after June 30, 2024, it shall be
    21  deemed to have been in full force and effect on and after June 30, 2024.


         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15553-02-4