Bill > A04047

This bill aims to apply the Housing Stability and Tenant Protection Act of 2019 (HSTPA) to rent calculations and rent records maintenance and destruction for all rent-stabilized apartments. It requires rents for the period starting from July 1, 2019 to be determined in accordance with the HSTPA, even if a pre-HSTPA rent had already been set by a court or administrative agency. The bill also addresses the impact of the DHCR's past misinterpretation of the rent stabilization law, the integrity of the rent registration system, and the maintenance and destruction of rent records prior to the HSTPA's enactment. It seeks to ensure that the legal regulated rent is properly calculated going forward, while also providing guidance on how to handle pre-HSTPA rent calculations and record-keeping requirements.

Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2023/A4047