Requires out-of-state affordable housing owners to maintain an escrow account for affordable housing rental units located in New York state
Summary
Requires out-of-state affordable housing owners to maintain an escrow account for the purpose of financing utility costs, property tax obligations, fire services, and regular maintenance costs for affordable housing rental units located in New York state.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
Governor
Introduced Mar 26, 2024
Last action Apr 10, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
2
Committee
1
Amendments
2
Apr 10, 2024
Lower · Passed
PRINT NUMBER 9628A
lower
Apr 10, 2024
Lower · Passed
AMEND (T) AND RECOMMIT TO HOUSING
lower
Mar 26, 2024
Committee
REFERRED TO HOUSING
lower
1 primary · 5 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about A 9628
Scope: NY
Hi! I can help you understand A 9628. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline