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Bill > S09413
NY S09413
NY S09413Extends the authority of the local housing agency in New York city to restructure rents in certain residential buildings.
summary
Introduced
05/15/2024
05/15/2024
In Committee
05/15/2024
05/15/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend chapter 449 of the laws of 1986, amending the private housing finance law relating to establishing initial rents in respect of certain loans to owners of existing multiple dwellings, in relation to the effectiveness thereof
AI Summary
This bill extends the authority of the local housing agency in New York City to restructure rents in certain residential buildings until June 30, 2027. Specifically, it amends a previous law that allowed the restructuring of rents for certain multiple dwellings, extending the expiration date of this provision from June 30, 2024 to June 30, 2027. This will allow the housing agency to continue its rent restructuring efforts in these designated residential buildings for an additional three years.
Committee Categories
Housing and Urban Affairs
Sponsors (2)
Last Action
SUBSTITUTED BY A10210 (on 05/28/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/S9413 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S09413&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S09413 |
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