Bill

Bill > A00245


NY A00245

NY A00245
Prohibits landlords from including incorrect information relating to rent decontrol in certain leases and renewals thereof; imposes a violation punishable by a fine of $1000 for a violation by a landlord; requires the standardization of certain notices pertaining to units subject to the Affordable New York Housing Program.


summary

Introduced
01/04/2023
In Committee
05/28/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the real property tax law, in relation to prohibiting landlords from including incorrect information relating to rent decontrol in certain leases and renewals thereof and requires the standardization of certain notices pertaining to units subject to the Affordable New York Housing Program

AI Summary

This bill prohibits landlords from including incorrect or misleading information in notices to tenants about the expiration of rent decontrol under the Affordable New York Housing Program. It imposes a $1,000 fine for violations. The bill also requires the standardization of certain notices to tenants about their rent-stabilized rights, including information about rent increases and lease renewal options. The provisions of the bill apply to all leases entered into, renewed, or extended on or after the effective date.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (3)

Last Action

reported referred to ways and means (on 05/28/2024)

bill text


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