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NY S06604

Bill

Official Source

Status

Passed

7/1/2021

Primary Sponsor

Robert Jackson

Click for details

Origin

Senate

2021-2022 General Assembly

AI Summary

  • Amends Chapter 449 of the Laws of 1986 regarding rent establishment for loans to owners of existing multiple dwellings
  • Extends the expiration date of certain rent restructuring provisions from June 30, 2021 to June 30, 2024
  • Maintains the application of rent stabilization law to dwelling units made subject to it under these provisions
  • Takes effect immediately upon enactment, with retroactive application if enacted after June 30, 2021

Legislative Description

Extends the authority of the local housing agency in New York city to restructure rents in certain residential buildings.

Last Action

SIGNED CHAP.226

7/1/2021

Committee Referrals

Housing5/26/2021
Housing, Construction, and Community Development5/10/2021

Full Bill Text

No bill text available