Requires out-of-state affordable housing owners to maintain an escrow account for affordable housing rental units located in New York state
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What it does
Official summary
Requires out-of-state affordable housing owners to maintain an escrow account for the purpose of financing utility costs, property tax obligations, fire services, and regular maintenance costs for affordable housing rental units located in New York state.
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Where do you stand?
Choose your position
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Tell your reps
Take a position to see your representatives and ways to contact them.
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More on this bill
Where it stands
Introduced
Passed 1st Chamber
3Passed 2nd Chamber
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Jun 3REFERRED TO HOUSINGLatest
Vote recorded Floor Vote. Result: pass.Upper
Jun 3DELIVERED TO ASSEMBLY
Jun 3PASSED SENATEPassed 1st Chamber
May 6ADVANCED TO THIRD READING
May 52ND REPORT CAL.
May 41ST REPORT CAL.890
Vote recorded Housing, Construction And Community Development Vote. Result: pass.Upper
Jan 7REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENTMinor
2025
Jun 13COMMITTED TO RULESMinor
May 14ADVANCED TO THIRD READING
May 132ND REPORT CAL.
May 121ST REPORT CAL.981
Vote recorded Housing, Construction And Community Development Vote. Result: pass.Upper
Mar 7REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENTIntroduced