STATE OF NEW YORK ________________________________________________________________________ 9454 IN SENATE May 15, 2024 ___________ Introduced by Sen. JACKSON -- (at request of the NYC H.P.D.) -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Community Development AN ACT to amend chapter 777 of the laws of 1986, amending the private housing finance law relating to small loans to owners of multiple dwellings to remove substandard or insanitary conditions, in relation to extending the effectiveness thereof The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 6 of chapter 777 of the laws of 1986, amending the 2 private housing finance law relating to small loans to owners of multi- 3 ple dwellings to remove substandard or insanitary conditions, as amended 4 by chapter 179 of the laws of 2021, is amended to read as follows: 5 § 6. This act shall take effect immediately; provided that the 6 provisions of sections three, four and five of this act shall remain in 7 full force and effect until and including June 30, [2024] 2027. 8 § 2. This act shall take effect immediately; provided, however, that 9 if this act shall have become a law after June 30, 2024, it shall be 10 deemed to have been in full force and effect on and after June 30, 2024. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15466-01-4