Bill > S04659

This bill, known as the "rent emergency stabilization for tenants act," amends the Emergency Tenant Protection Act of 1974 to allow cities with a population of one million or more to declare a housing emergency if the vacancy rate for any class of housing accommodations or all housing accommodations falls to five percent or below. For cities with less than one million residents, towns, or villages, a housing emergency can be declared after considering various housing factors and holding public hearings, with specific provisions for adding certain classes of housing accommodations to regulation, including those in buildings completed or substantially rehabilitated within the last fifteen years. The bill also outlines procedures for owners to provide rent roll data for vacancy surveys, with penalties for non-compliance, and ensures the confidentiality of tenant information.