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Bill > S09650


NY S09650

NY S09650
Prohibits landlords from including incorrect information relating to rent decontrol in certain leases and renewals thereof; imposes a violation punishable by a fine of $1000 for a violation by a landlord; requires the standardization of certain notices pertaining to units subject to the Affordable New York Housing Program.


summary

Introduced
03/31/2026
In Committee
03/31/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the real property tax law, in relation to prohibiting landlords from including incorrect information relating to rent decontrol in certain leases and renewals thereof and requires the standardization of certain notices pertaining to units subject to the Affordable New York Housing Program

AI Summary

This bill prohibits landlords from providing incorrect or misleading information in notices to tenants regarding rent decontrol, which is the process by which a rent-stabilized apartment becomes subject to market-rate rents, often after tax benefits expire. Specifically, landlords who willfully include false information in these notices or fail to provide a standardized rider will be guilty of a violation punishable by a $1,000 fine. The bill also mandates that the Commissioner of Housing and Community Renewal create a standardized rider, a document that must be provided to tenants in units benefiting from the Affordable New York Housing Program (a tax incentive program for developers), to clearly explain rent stabilization rights, lease renewal entitlements, and rent increase limitations, and to provide contact information for relevant state and city agencies for further assistance.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT (on 03/31/2026)

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