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Who cares
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Sponsors
No co-sponsors yet.
History
- Referred to housing, construction and community development
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2234
Title of bill
An act to amend the private housing finance law, in relation to the definition of "probable aggregate income"
Purpose
Provides that the resident of a co-op could deduct certain school expenses for a dependent child who is a full-time student from the probable aggregate income of the family.
Justification
Many individuals residing in a co-op pay tremendous fees for children attending colleges in this state. These individuals are persons of limited income.
This bill would grant them an exemption to the aggregate annual income, thereby slowing the rate of surcharge on an apartment.
Fiscal implications
None.
Effective date
This act shall take effect on the first of September next succeeding the date on which it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.