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A07793 Summary:

BILL NOA07793
 
SAME ASSAME AS S08187
 
SPONSORMcDonald
 
COSPNSRStirpe
 
MLTSPNSR
 
Amd §2, Chap 837 of 2022
 
Extends the effectiveness of provisions providing for special proceedings to convey title to abandoned commercial and industrial real property to a city, town, or village.
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A07793 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A7793
 
SPONSOR: McDonald
  TITLE OF BILL: An act to amend chapter 837 of the laws of 2022, amending the real prop- erty actions and proceedings law relating to authorizing special proceedings to convey title to abandoned commercial and industrial real property to a city, town, or village, in relation to the effectiveness thereof   PURPOSE OF THE BILL: This bill would extend Article 19-B of the real property actions and proceedings law. Summary of Provisions: Section 1 of the bill extends, until June 30, 2028, the sunset date of Article 19-B of the real property actions and proceedings law, which authorizes special proceedings to convey title to abandoned commercial and industrial real property to a city, town, or village. Section 2 of the bill provides for an immediate effective date.   JUSTIFICATION: This bill extends Article 19-B of the real property actions and proceedings law, which provides a mechanism by which a special proceed- ing may be brought to convey title to abandoned commercial and indus- trial real property to a city, town, or village. This special proceeding has been successfully used by localities statewide to reduce blight, and it should continue to exist as localities address these problems.   PRIOR LEGISLATIVE HISTORY: This bill extends law enacted by Chapter 837 of the Laws of 2022.   FISCAL IMPLICATIONS: N/A   EFFECTIVE DATE: This act shall take effect immediately.
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