Bill Text: NY S06606 | 2021-2022 | General Assembly | Introduced


Bill Title: Extends expiration of authority granted to the department of housing preservation and development of the city of New York to restructure rents of dwelling units in buildings foreclosed upon by the federal government.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2021-06-29 - SIGNED CHAP.178 [S06606 Detail]

Download: New_York-2021-S06606-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          6606

                               2021-2022 Regular Sessions

                    IN SENATE

                                      May 10, 2021
                                       ___________

        Introduced  by  Sen. LIU -- (at request of the NYC H.P.D.) -- read twice
          and ordered printed, and when printed to be committed to the Committee
          on Housing, Construction and Community Development

        AN ACT to amend chapter 253 of the laws of  2004  amending  the  private
          housing  finance  law  relating  to  rehabilitated  multiple dwellings
          acquired and reconveyed by the federal government, in relation to  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 253 of the laws of 2004  amending  the
     2  private housing finance law relating to rehabilitated multiple dwellings
     3  acquired and reconveyed by the federal government, as amended by chapter
     4  96 of the laws of 2018, is amended to read as follows:
     5    §  2.  This  act shall take effect immediately and shall expire and be
     6  deemed repealed June 30, [2021] 2024.
     7    § 2. This act shall take effect immediately; provided,  however,  that
     8  if  this act shall have become a law after June 30, 2021, this act shall
     9  take effect immediately and shall be deemed to have been in  full  force
    10  and effect on and after June 30, 2021.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11217-01-1
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