Bill Title: Provides that a sinking fund for a limited-profit housing company (Mitchell-Lama) for the retirement of stocks and debentures shall be authorized only when the earnings of such housing company exceed six percent; provides that deposits in such sinking fund shall not be a factor in the determination of rents.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-01-18 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT [S02067 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Carl Kruger [D]	Primary	Sponsored Bills	SD-027	FollowTheMoney	Ballotpedia	VoteSmart

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