New York Senate Bill S01770 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 1770 2023-2024 Regular Sessions  IN SENATE January 13, 2023 ___________ Introduced by Sen. CLEARE -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Community Development AN ACT in relation to directing the division of housing and community renewal to conduct a study on alternatives to the affordable New York housing program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The division of housing and community renewal, in consulta- 2 tion with any agency or organization it deems appropriate, shall conduct 3 a study on alternative options to section 421-a of the real property tax 4 law, constituting the affordable New York housing program. Such study 5 shall investigate new models and partnerships to provide affordable 6 housing to residents of the state. 7 § 2. The division of housing and community renewal shall prepare a 8 report which shall be submitted to the governor, the temporary president 9 of the senate, the speaker of the assembly, the minority leader of the 10 senate and the minority leader of the assembly, within one year after 11 the effective date of this act, containing findings and recommendations 12 for potential legislative and regulatory actions to replace the afforda- 13 ble New York housing program with a more effective solution to providing 14 affordable housing to residents of the state. 15 § 3. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06117-01-3