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
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2025
Last action Jan 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO HOUSING
lower
Jan 14, 2025
Committee
REFERRED TO HOUSING
lower
1 primary · 6 co-sponsors
Sponsors
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