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Bill > S03742


NY S03742

NY S03742
Requires landlords of certain housing accommodations to include with all new and renewal leases, on any rent bills, including any electronic communication the informational material describing eligibility for and the benefits of the senior rent increase exemption program and the disability rent increase exemption program.


summary

Introduced
01/29/2025
In Committee
01/28/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the real property tax law, in relation to information to be provided with all new and renewal leases for certain housing accommodations

AI Summary

This bill requires landlords of housing accommodations regulated by certain rent control and rent stabilization laws to include informational materials about two specific rent exemption programs with all new and renewal leases, and on all rent bills (including electronic communications). The two exemption programs are the senior citizen rent increase exemption program and the disability rent increase exemption program. The bill amends the real property tax law to mandate that landlords provide this information at least once annually, ensuring that tenants are informed about potential rental cost relief programs for seniors and people with disabilities. The informational materials will be provided by the entity administering the programs and will describe the eligibility requirements and benefits. The law will go into effect 120 days after it is signed, giving landlords time to prepare and implement the new requirement.

Committee Categories

Government Affairs, Housing and Urban Affairs

Sponsors (4)

Last Action

REPORTED AND COMMITTED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT (on 01/28/2026)

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