New York · 2025 Regular Session · Bill

A 1787: 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

In committee Last action January 7, 2026: REFERRED TO HOUSING

Plain-language summary

A 1787 is a bill introduced in the New York House on January 14, 2025. According to its official title, it concerns: 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. Primary sponsor: Linda Rosenthal (Democratic). Most recent recorded action (January 7, 2026): REFERRED TO HOUSING.

Sponsors

Primary sponsor: Linda Rosenthal (Democratic).