S6263 (2025-26 session)

NY State bill

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.

Title
Requires out-of-state affordable housing owners to maintain an escrow account for affordable housing rental units located in New York state
Type
New York State Senate bill
Session
2025-26 session
Status
In Assembly Committee
Latest action date
2026-06-03
In committee
Housing
Introduced
2025-03-07
Same as
A1791
Law section
Private Housing Finance Law

Sponsors

Heard in committee

Same as

Committee meetings

Committee meetings that took this bill up, from the Senate's published agendas. The Assembly does not publish its committee agendas in machine-readable form, so an Assembly committee's consideration of a bill is not on this list.

Sources