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History
- Referred to housing, construction and community development
- Referred to housing, construction and community development
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Defines probable aggregate annual income for the tenant's eligibility under guidelines set for housing authority
In Assembly Committee · Housing · Sponsor Jeffrey Dinowitz
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S3570
Title of bill
An act to amend the public housing law and the private housing finance law, in relation to defining probable aggregate annual income
Purpose or general idea of bill
To use the net income of the chief wage earner to determine rent levels for limited-profit and limited-dividend housing companies.
Summary of specific provisions
The closing paragraph of subdivision one, Section 156 of the Public Housing Law is amended to exclude federal, state, and municipal taxes from the probable aggregate annual income of the chief wage earner, in determining eligibility for occupancy in limited-profit and limited-dividend housing.
Justification
In view of inflation and rising rent levels, a person's gross income is not reflective of his actual income. This bill will make rent levels proportionate to what an individual realistically makes. This legislation is necessary to eliminate certain hardships imposed upon tenants who are hardest bit in today's inflationary spiral.
Prior legislative history
2009-10: A.833- Referred to Housing 2007-08: A.3103- Referred to Housing 2005-06: A.1431- Referred to Housing 2403-04: A.3028- Referred to Housing 2401-02: A.1164 - Referred to Housing 1999-00: A.2021- Referred to Housing
Fiscal implications
None.
Effective date
This act shall take effect on the first of January 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.