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Bill > S01610
NY S01610
NY S01610Prohibits 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
01/13/2023
01/13/2023
In Committee
05/29/2024
05/29/2024
Crossed Over
05/29/2024
05/29/2024
Passed
Dead
12/31/2024
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 amends the Real Property Tax Law to prohibit landlords from including incorrect or misleading information in notices provided to tenants regarding rent decontrol of their units under the Affordable New York Housing Program (also known as 421-a). The bill imposes a $1,000 fine on landlords who willfully provide such incorrect or misleading information. Additionally, the bill requires the standardization of certain notices to tenants about their rights and the expiration of the 421-a tax benefits for their unit. This is intended to ensure tenants have clear and accurate information about the rent regulation status of their unit.
Committee Categories
Budget and Finance, Housing and Urban Affairs, Justice
Sponsors (2)
Last Action
referred to ways and means (on 05/29/2024)
Official Document
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