Bill
Bill > S00471
NY S00471
NY S00471Establishes the COVID-19 Emergency Protect Our Small Businesses Act of 2021; relates to eviction proceedings (Part A); relates to foreclosure proceedings (Subpart A); relates to tax sales (Subpart B); establishes hardship declarations for owners of commercial real property (Subpart C) (Part B).
summary
Introduced
01/06/2021
01/06/2021
In Committee
01/19/2021
01/19/2021
Crossed Over
01/26/2021
01/26/2021
Passed
03/08/2021
03/08/2021
Dead
Signed/Enacted/Adopted
03/09/2021
03/09/2021
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT establishing the "COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2021"; in relation to eviction proceedings; and to provide for the expiration of certain provisions upon the expiration thereof (Part A); and in relation to foreclosure proceedings; and providing for the expiration of certain provisions upon the expiration thereof (Subpart A); in relation to tax sales; and providing for the expiration of certain provisions upon the expiration thereof (Subpart B); to establish hardship declarations for owners of commercial real property; and providing for the expiration of such provisions upon the expiration thereof (Subpart C); and to authorize every governing body of an assessing unit and local assessor to extend to the 2021 assessment roll, the renewal of the exemptions received on the 2020 assessment roll; and to provide for the expiration of such provisions upon the expiration thereof (Subpart D) (Part B)
AI Summary
This bill establishes the COVID-19 Emergency Protect Our Small Businesses Act of 2021. Part A relates to eviction proceedings, including defining key terms like "eviction proceeding" and "hardship declaration", prohibiting commercial tenant evictions until May 1, 2021 except for certain cases, and requiring landlords to provide hardship declaration forms to tenants. Part B relates to foreclosure proceedings, tax sales, and credit discrimination protections for commercial property owners who have experienced COVID-19 financial hardship. It provides temporary stays on foreclosure actions and tax lien sales, and prohibits lenders from discriminating against or negatively reporting owners who submit hardship declarations.
Committee Categories
Housing and Urban Affairs, Justice
Sponsors (10)
Anna Kaplan (D)*,
Alessandra Biaggi (D),
Brad Hoylman (D),
Robert Jackson (D),
Timothy Kennedy (D),
Liz Krueger (D),
Rachel May (D),
Shelley Mayer (D),
Kevin Parker (D),
Jose Serrano (D),
Last Action
SIGNED CHAP.73 (on 03/09/2021)
Official Document
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