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Legislative Review to Feb 8, 2021

Posted By Robert Treuber, Wednesday, February 10, 2021
Updated: Wednesday, February 10, 2021

The NYSLTA Legislative Committee reviews proposed legislation with potential impact on the land title insurance industry. Bill are rated and entered in a bill file with reviewer notes and comments.

 

Here is a list of the bills introduced in the new legislative session.

 

Bill No.

Rating

Brief Description

S449

3

Relates to maximum statutory notary fee

S275

2

Relates to the designation of a blighted property

A221

3

Requires a referendum for the sale by a city of property over 25 million in cities with population over one million

A415

3

Relates to remediation fo indoor mold and disclosure upon sale

S884/A1973

3

Relates to lenders' records on reverse mortgage loans

S885/A1972

3

Relates to notice to tenants in foreclosure actions

S888/A2353

3

Statutory and other short form powers of attorney for financial and estate planning

S471

2

Eviction and foreclosure protections

S580

2

Authorizes study program for low and middle income families

S800

2

Unlawful use of drivers license or identification card

S1142

0

Provides state assistance fund for legal counsel in certain bankruptcies

s1312

3

Removing the word residential from notices of conveyance

S1516

2

Repeals the estate tax

S1671

0

Authorizes certain state regulated institutions to offer disaster forbearance to certain mortgagors

S3003

2

Creates a private right of action for breach of a consumer's identifying information

S3292

0

Covid related sick leave to receive vaccine

S2833


Imposes additional tax on certain business income

S2915


Imposes pass-through business tax

S1999

3

Relates to employee status of an individual

S2886/A405

0

Establishes on line consumer protection act

A3504

3

Sale of property of NY city housing authority to private entity requires approval of state legislature

A3709/S567

2

Allows individuals to request from businesses the types of personal information the business has sold or disclosed to third parties

A3714

3

Remediation and prevention of indoor mold in certain types of sales

S2689

3

Extends Town of Warwick preservation funds and tax on real estate transfers until 2050

A400/S1349

0

Restricts disclosure of personal information by businesses

A979/S898

0

Exempts certain commercial financing transactions from certain disclosures

A1133

0

Allows local municipalities to adopt a full value assessment procedure

 

The Legislative Committee

Chair - Mary Jane Keyes

Vice-chair - Maritoni Carlos

 

Members

John Bauer
Jason Bergman
William Collins
Nicholas M. Ihnatolya
Rich King
Stephen Saler
Scott Spinner
Antonio G Vozza
Ken Warner
Lisa Zeppieri

 

 


Tags:  bills  legislation  Legislative 

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The New York State Land Title Association, Inc. advances the common interests of all those engaged in the business of abstracting, examining, insuring titles, and otherwise facilitating real estate transactions. The Association promotes the business and general welfare of its Members and protects real property title holders’ ownership rights.