New York Assembly Bill 8886 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on December 18 2019 - 25% progression, died in committee
Action: 2020-01-08 - referred to housing
Pending: Assembly Housing Committee
Text: Latest bill text (Introduced) [HTML]

Relates to establishing the neighborhood preservation companies development fund to provide neighborhood preservation companies with funding to purchase, redevelop and/or manage buildings which contain housing accommodations affordable to persons of low income; provides that such fund shall consist of twenty-five percent of the monies collected each year from individuals on New York taxable income over two million one hundred fifty-five thousand three hundred fifty dollars pursuant to section six hundred one of the tax law.

Relates to establishing the neighborhood preservation companies development fund to provide neighborhood preservation companies with funding to purchase, redevelop and/or manage buildings which contain housing accommodations affordable to persons of low income; provides that such fund shall consist of twenty-five percent of the monies collected each year from individuals on New York taxable income over two million one hundred fifty-five thousand three hundred fifty dollars pursuant to section six hundred one of the tax law.

Asm. Joseph Lentol [D]

Date	Chamber	Action
2020-01-08	Assembly	referred to housing
2019-12-18	Assembly	referred to housing

Type	Source
Summary	https://www.nysenate.gov/legislation/bills/2019/A8886
Text	https://assembly.state.ny.us/leg/?default_fld=&bn=A08886&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A08886