Bill
Bill > S02352
NY S02352
NY S02352Requires real estate brokers and salespersons to compile and disclose client demographic data to the secretary of state; requires real estate brokers and salespersons to request the voluntary disclosure of demographic information from clients and record and retain such information for a period of two years.
summary
Introduced
01/20/2023
01/20/2023
In Committee
05/14/2024
05/14/2024
Crossed Over
05/14/2024
05/14/2024
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the real property law, in relation to requiring the secretary of state to require that real estate brokers and salespersons compile and disclose certain demographic information
AI Summary
This bill requires real estate brokers and salespersons in New York to request the voluntary disclosure of demographic information, including race, ethnicity, and gender, from their clients who are prospective home purchasers. The brokers and salespersons must record and retain this information for two years, as well as details about the services they provided, such as properties listed and offers received. The brokers and salespersons must submit annual summaries of this data to the Department of State, which will maintain a database of the information that can be accessed by the governor, attorney general, and legislative leaders, but will not be publicly disclosed unless the data is anonymized to protect client identities.
Committee Categories
Budget and Finance, Justice
Sponsors (3)
Last Action
referred to judiciary (on 05/14/2024)
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/2023/S2352 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S02352&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S02352 |
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