Removes affordable housing units from the definition of "construction contracts" under the General Business Law.
The bill amends the General Business Law by modifying the definition of "construction contract." It removes residential dwelling units that must be affordable to residents at a specific income level from this definition. This change affects the scope of certain provisions of the General Business Law, potentially impacting regulations and oversight related to construction contracts. The bill takes effect immediately upon enactment.
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- Critical Issues
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