Bill
Bill > A02337
summary
Introduced
01/14/2021
01/14/2021
In Committee
04/27/2021
04/27/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to amend the private housing finance law, in relation to the supervision of certain limited profit housing companies
AI Summary
This bill amends the Private Housing Finance Law to change the supervision of certain limited profit housing companies. Specifically, it requires the Commissioner or the supervising agency to take necessary and proper steps to address any violations or threatened violations by these companies, rather than just having the option to commence legal action. The bill also clarifies the court's authority in these proceedings, including the ability to appoint a temporary or permanent receiver if necessary.
Committee Categories
Housing and Urban Affairs
Sponsors (7)
Linda Rosenthal (D)*,
Charles Barron (D),
Vivian Cook (D),
Carmen De La Rosa (D),
Karines Reyes (D),
Rebecca Seawright (D),
Jo Anne Simon (D),
Last Action
ordered to third reading cal.103 (on 01/05/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/A2337 | 01/15/2021 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A02337&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A02337 | 01/15/2021 |
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