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NY A09736
Bill
Status
8/11/2014
Primary Sponsor
Keith Wright
Click for details
AI Summary
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Amends the definition of "government sponsored enterprises" in Public Authorities Law to include any successor entities created by Congress to encourage lending and reduce housing costs, in addition to existing federally chartered entities.
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Extends the expiration date of chapter 208 of the laws of 2010 from December 31, 2014 to July 23, 2015.
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Takes effect immediately upon enactment, with the amended definition of "government sponsored enterprises" set to expire and be repealed along with the subdivision it modifies.
Legislative Description
Relates to the powers of the state of NY mortgage agency and extends the provisions of chapter 208 of the laws of 2010 amending the public authorities law relating to the powers of the state of New York mortgage agency.
Last Action
signed chap.280
8/11/2014