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 19, 2024
Last action Jun 7, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
2
Amendments
2
Jun 7, 2024
Senate · Referred to committee
COMMITTED TO RULES
Apr 11, 2024
Senate · Amendment adopted
PRINT NUMBER 8828A
Apr 11, 2024
Senate · Amendment adopted
AMEND (T) AND RECOMMIT TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Mar 19, 2024
Senate · Referred to committee
REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
1 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Joe Griffo
RRepublican/Conservative
Co
Robert Jackson
DDemocratic/Working Families
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