Bill Text: NY S06607 | 2021-2022 | General Assembly | Introduced


Bill Title: Extends certain provisions relating to small loans to owners of multiple dwellings to remove substandard or insanitary conditions.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2021-06-29 - SIGNED CHAP.179 [S06607 Detail]

Download: New_York-2021-S06607-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          6607

                               2021-2022 Regular Sessions

                    IN SENATE

                                      May 10, 2021
                                       ___________

        Introduced  by  Sen.  JACKSON  -- (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 777 of the laws of 1986, amending the private
          housing finance law, relating to small loans  to  owners  of  multiple
          dwellings  to remove substandard or insanitary conditions, 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 6 of chapter 777 of the laws of 1986 amending the
     2  private housing finance law relating to small loans to owners of  multi-
     3  ple dwellings to remove substandard or insanitary conditions, as amended
     4  by chapter 98 of the laws of 2018, is amended to read as follows:
     5    §  6.  This  act  shall  take  effect  immediately;  provided that the
     6  provisions of sections three, four and five of this act shall remain  in
     7  full force and effect until and including June 30, [2021] 2024.
     8    §  2.  This act shall take effect immediately; provided, however, that
     9  if this act shall have become law after June 30, 2021,  this  act  shall
    10  take  effect  immediately and shall be retroactive to and deemed to have
    11  been in full force and effect on and after June 30, 2021.




         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11219-01-1
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