Bill Text: NY A10049 | 2011-2012 | General Assembly | Introduced

New York Assembly Bill 10049 (Prior Session Legislation)

Introduced

Bill Title: Relates to the powers of the state of New York mortgage agency and extending the provisions thereof.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Passed) 2012-08-01 - signed chap.327 [A10049 Detail]

Download: New_York-2011-A10049-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         10049
                                 I N  A S S E M B L Y
                                      May 2, 2012
                                      ___________
       Introduced by M. of A. V. LOPEZ, FITZPATRICK -- (at request of the Divi-
         sion  of Housing & Community Renewal) -- read once and referred to the
         Committee on Housing
       AN ACT to amend chapter 208 of the laws  of  2010  amending  the  public
         authorities  law relating to the powers of the state of New York mort-
         gage agency, in relation to extending the provisions thereof
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Section 4 of chapter 208 of the laws of 2010 amending the
    2  public authorities law relating to the powers of the state of  New  York
    3  mortgage agency, is amended to read as follows:
    4    S  4. This act shall take effect immediately, provided that the amend-
    5  ments to subdivision 5 of section 2402 of  the  public  authorities  law
    6  made  by  section one of this act shall be subject to the expiration and
    7  reversion of such subdivision pursuant to section 16 of chapter  915  of
    8  the  laws  of  1982,  as  amended, when upon such date the provisions of
    9  section two of this act shall take effect; further  provided  that  this
   10  act shall expire and be deemed repealed December 31, [2012] 2014.
   11    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD14300-01-2