Bill Commons

NY A 1787

in committee

Provides that upon sale of a limited-profit housing company project, reserve and surplus funds must be held in escrow and dedicated to major capital improvements

New York · 2025-2026 Regular Session · lower

Quick answers

Did NY A 1787 pass?

Not yet. NY A 1787 is in committee as of 2026-01-07 and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO HOUSING

What is NY A 1787 about?

Provides that upon sale or other conveyance of a limited-profit housing company project to an entity other than a new limited-profit housing company, reserve and surplus funds must be held in escrow by the new owner and dedicated solely to defraying the costs of major capital improvements; provides that no rental may be increased to cover the cost of a major capital improvement until such reserve and surplus funds have been exhausted.

Who sponsors NY A 1787?

Linda Rosenthal is the primary sponsor of NY A 1787.

Description

Provides that upon sale or other conveyance of a limited-profit housing company project to an entity other than a new limited-profit housing company, reserve and surplus funds must be held in escrow by the new owner and dedicated solely to defraying the costs of major capital improvements; provides that no rental may be increased to cover the cost of a major capital improvement until such reserve and surplus funds have been exhausted.

Introduced
—
Latest action
2026-01-07 — REFERRED TO HOUSING
Bill type
bill
Last updated
—

Sponsors

  • Linda Rosenthalprimary

Committees

Not provided by source.

Action timeline

  1. 2025-01-14

    REFERRED TO HOUSING

    referral-committee

  2. 2026-01-07

    REFERRED TO HOUSING

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

  • Prior session: A 1712not in this corpus
  • Prior session: A 2833not in this corpus
  • Prior session: A 1853not in this corpus
  • Prior session: A 1287not in this corpus
  • Prior session: A 2599not in this corpus
  • Prior session: A 5798not in this corpus
  • Prior session: A 4178not in this corpus
  • Prior session: A 3675not in this corpus
  • Prior session: A 4724not in this corpus
  • Companion bill: S 2002

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/A1787?summary=&detail=

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

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Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=NY&identifier=A 1787. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

See the methodology page for data sources and limitations.