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A05635 Summary:

BILL NOA05635
 
SAME ASNo Same As
 
SPONSORFitzpatrick
 
COSPNSR
 
MLTSPNSRDeStefano, Manktelow
 
Amd §2402, add §2405-g, Pub Auth L
 
Authorizes state of New York mortgage agency to purchase labor organization assisted forward commitment mortgages from banks; sets criteria for labor organization participation; requires them to guarantee up to twenty percent of outstanding indebtedness.
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