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NY A05264
Bill
Status
3/7/2023
Primary Sponsor
Stacey Pheffer Amato
Click for details
AI Summary
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Amends the Private Housing Finance Law by adding Section 611 regarding removal of board members from housing entities overseen by the New York City Department of Housing Preservation and Development.
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Prohibits any board member or entire board removed by the department or court order from running for or being appointed to any board overseen by the department for 15 years.
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Applies to housing entities that have boards of directors under Department of Housing Preservation and Development oversight.
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Takes effect immediately upon enactment.
Legislative Description
Relates to prohibiting members of certain boards of directors who have been removed from serving on a board for a period of fifteen years; provides that for any housing entity with a board of directors overseen by the department of housing preservation and development, if a member of the board is removed by the department or by court order, such member shall be banned from serving on a board overseen by the department for a period of 15 years.
Last Action
referred to housing
1/3/2024