Bill > A07002

This bill introduces a new provision to the real property tax law that aims to penalize housing providers who engage in discriminatory practices based on a person's lawful source of income. The bill defines key terms such as "lawful source of income" (as defined in the executive law) and establishes a graduated penalty system for discrimination. For property owners with fewer than 50 residential units, two discriminatory findings within five years would trigger penalties, while larger property owners face higher thresholds (three findings for 50-500 units, and five findings for over 500 units). Penalties escalate with repeated violations, starting with requiring a corrective action plan, then progressing to 25% reduction in tax exemptions, followed by a 50% reduction and mandatory compliance audits, and ultimately complete revocation of tax exemptions for five years. Landlords can apply for reinstatement after three years if they can demonstrate no further discrimination, implementation of corrective measures, and certification of good standing from the division of human rights. The bill is designed to incentivize fair housing practices by directly linking tax benefits to non-discriminatory rental policies.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A7002