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Bill > S03349
NY S03349
NY S03349Relates to suspending rent payments for certain tenants due to the state of emergency declared by Executive Order No. 202, where they have lost earned income or were forced to close their place of business; requires landlords to accept 20 percent or one-third of contractual rent each month; requires the superintendent of the department of financial services to establish and implement an interim commercial rent relief program to support covered tenants and landlords impacted by the COVID-19 pande
summary
Introduced
01/29/2021
01/29/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
Relates to suspending rent payments for certain tenants due to the state of emergency declared by Executive Order No. 202, where they have lost earned income or were forced to close their place of business; requires landlords to accept 20 percent or one-third of contractual rent each month; requires the superintendent of the department of financial services to establish and implement an interim commercial rent relief program to support covered tenants and landlords impacted by the COVID-19 pandemic.
AI Summary
This bill relates to suspending rent payments for certain tenants who have lost income or were forced to close their businesses due to the COVID-19 pandemic state of emergency declared by Executive Order No. 202. It requires landlords to accept 20% or one-third of the contractual rent each month from these "covered tenants" (which include certain small businesses and non-profits), and the remaining rent is waived. The bill also establishes a commercial rent relief program to support these covered tenants and landlords, and prohibits courts from accepting petitions to evict these tenants for non-payment of rent for 30 days after the state of emergency ends.
Committee Categories
Business and Industry
Sponsors (13)
Brad Hoylman (D)*,
Alessandra Biaggi (D),
Jabari Brisport (D),
Michael Gianaris (D),
Robert Jackson (D),
Timothy Kennedy (D),
Rachel May (D),
Zellnor Myrie (D),
Jessica Ramos (D),
Gustavo Rivera (D),
Julia Salazar (D),
Luis Sepúlveda (D),
Jose Serrano (D),
Last Action
REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS (on 01/05/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/S3349 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S03349&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S03349 |
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