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---
type: "Bill"
title: "Relates to tenant-cooperator shares of mutual company holdings"
description: "Enables a current tenant-cooperator of certain housing companies, entitled to occupancy by reason of ownership of shares in such housing company, to apply all or a portion of the value of his or her holdings and equity in the housing company toward any consideration required to be paid for shares which would entitle the resident to the occupancy of another unit owned and operated by the housing company."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2021-2022"
identifier: "A 7671"
citation: "New York A 7671 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["PHEFFER AMATO"]
version_count: 1
action_count: 14
vote_count: 2
first_action: "2021-05-19"
last_action: "2021-07-16"
source: "openstates"
source_identifier: "ocd-bill/cb06ea1c-6130-4d14-951f-9019c6438a9f"
source_url: "http://www.nysenate.gov/legislation/bills/2021/A7671"
source_hash: "19ed04e0246223f882397469f31af10d77b376f3c036448abfd08fb4425d846b"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ny"]
---
# New York A 7671 (2021-2022) — Relates to tenant-cooperator shares of mutual company holdings
Enables a current tenant-cooperator of certain housing companies, entitled to occupancy by reason of ownership of shares in such housing company, to apply all or a portion of the value of his or her holdings and equity in the housing company toward any consideration required to be paid for shares which would entitle the resident to the occupancy of another unit owned and operated by the housing company.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **A7671** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=A7671&term=2021&Text=Y)
## Votes
- Floor Vote — **63–0** (pass) · upper
- Assembly Vote — **148–0** (pass) · lower
## Sponsors
- PHEFFER AMATO — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2021-05-19** REFERRED TO HOUSING `referral-committee`
- **2021-05-24** REPORTED REFERRED TO RULES `referral-committee`
- **2021-06-02** REPORTED
- **2021-06-02** RULES REPORT CAL.393
- **2021-06-02** ORDERED TO THIRD READING RULES CAL.393
- **2021-06-03** PASSED ASSEMBLY `passage`
- **2021-06-03** DELIVERED TO SENATE
- **2021-06-03** REFERRED TO RULES `referral-committee`
- **2021-06-08** SUBSTITUTED FOR S7026
- **2021-06-08** 3RD READING CAL.1584
- **2021-06-08** PASSED SENATE `passage`
- **2021-06-08** RETURNED TO ASSEMBLY
- **2021-07-12** DELIVERED TO GOVERNOR `executive-receipt`
- **2021-07-16** SIGNED CHAP.265 `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/cb06ea1c-6130-4d14-951f-9019c6438a9f`. Confidence: reported (aggregated from official New York legislature records).