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NY S07146
Bill
Status
4/30/2014
Primary Sponsor
Catharine Young
Click for details
AI Summary
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Amends the definition of "government sponsored enterprises" in Public Authorities Law to include any successor entity or entities created by Congress to continue serving purposes of encouraging lending and reducing costs in the housing sector
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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 amendments to the government sponsored enterprises definition subject to automatic repeal on July 23, 2015
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
SUBSTITUTED BY A9736
6/17/2014