· NY legislature · 2025-2026

Decreases the percentage of votes needed for the election of board members in mutual housing companies with twelve thousand or more units

Decreases the percentage of votes needed for the election of board members in mutual housing companies with twelve thousand or more units to twenty percent plus one to constitute a majority for shareholder approval of such board members.

Sponsor

Michael Benedetto (D-NY)

Introduced

2025-03-18

Policy area

Housing and Community Development

Latest action

REFERRED TO HOUSING