A7031 (2025-26 session)

NY State bill

Decreases the percentage of votes needed for the election of board members in mutual housing companies with twelve thousand or more units to twenty percent plus one to constitute a majority for shareholder approval of such board members.

Title
Decreases the percentage of votes needed for the election of board members in mutual housing companies with twelve thousand or more units
Type
New York State Assembly bill
Session
2025-26 session
Status
In Assembly Committee
Latest action date
2026-01-07
In committee
Housing
Introduced
2025-03-18
Law section
Private Housing Finance Law

Sponsors

Heard in committee

Sources