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NY S06544
Bill
Status
4/26/2023
Primary Sponsor
Monica Martinez
Click for details
AI Summary
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Declares that increasing housing stock in support of the state's housing goals is a policy of New York State alongside economic development and renewable energy promotion.
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Adds "housing" as an eligible project type that industrial development agencies and public authorities can finance, develop, and provide assistance for.
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Requires cost-benefit analyses for projects to include the contribution to the state's housing goals of increasing affordable, workforce, and senior housing options.
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Mandates that uniform tax exemption policies consider the extent to which projects will bring additional housing units to the market.
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Takes effect immediately upon enactment.
Legislative Description
Provides that a policy of this state should be to increase housing options and opportunities, including but not limited to affordable, and workforce and senior housing.
Last Action
COMMITTED TO RULES
6/7/2024