Bill > S00076

This bill amends the Real Property Law and the Real Property Tax Law to prohibit landlords from including incorrect or misleading information in certain notices to tenants regarding the expiration of the tax benefit period under the Affordable New York Housing Program. The bill also imposes a $1,000 fine on landlords or their representatives who willfully include such misleading or incorrect information in these notices. The bill applies to all leases entered into, renewed, or extended on or after the effective date, which is 60 days after the bill becomes law.