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NY A00802
Bill
Status
Introduced
1/8/2025
Primary Sponsor
Linda Rosenthal
Click for details
AI Summary
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Imposes a four-year moratorium on voluntary dissolution voting by Mitchell-Lama housing companies following a failed dissolution vote
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Allows cities, towns, and villages to enact local laws that are equal to or more restrictive than the state moratorium requirements
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Specifies that the moratorium does not diminish requirements of any other applicable laws
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Takes effect 90 days after becoming law
Legislative Description
Initiates a four year moratorium on privatization voting by Mitchell-Lama building shareholders between failed dissolution votes.
Last Action
referred to housing
1/7/2026
Committee Referrals
Housing1/8/2025
Full Bill Text
No bill text available