senate Bill S1805

2013-2014 Legislative Session

Requires the rent guidelines board to take other sources of income received by landlords from commercial rents and unregulated residential units into account

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to housing, construction and community development
Jan 09, 2013 referred to housing, construction and community development

Co-Sponsors

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S1805 - Details

See Assembly Version of this Bill:
A745
Current Committee:
Law Section:
New York City Administrative Code
Laws Affected:
Amd ยง26-510, NYC Ad Cd
Versions Introduced in Previous Legislative Sessions:
2011-2012: S3119, A1464
2009-2010: A5450

S1805 - Summary

Requires the rent guidelines board to take other sources of income received by landlords from commercial rents and unregulated residential units into account when establishing annual calculations.

S1805 - Sponsor Memo

S1805 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1805

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sens.  ESPAILLAT,  HASSELL-THOMPSON, KRUEGER, PERKINS --
  read twice and ordered printed, and when printed to  be  committed  to
  the Committee on Housing, Construction and Community Development

AN  ACT  to  amend  the  administrative code of the city of New York, in
  relation to requiring the rent guidelines board to take other  sources
  of  income received by landlords from commercial rents and unregulated
  residential units into account when establishing annual calculations

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Paragraph  3  of  subdivision  b of section 26-510 of the
administrative code of the city of New York is  renumbered  paragraph  4
and a new paragraph 3 is added to read as follows:
  (3)  ALL  OTHER  SOURCES  OF  INCOME FROM BUILDINGS CONTAINING HOUSING
ACCOMMODATIONS SUBJECT TO  THIS  LAW  INCLUDING,  BUT  NOT  LIMITED  TO,
COMMERCIAL  RENTS  AND  RENT FROM UNREGULATED RESIDENTIAL UNITS, AND THE
EXTENT TO WHICH SUCH CHANGES OFFSET CHANGES IN COST,
  S 2. This act shall take effect immediately, provided,  however,  that
the  amendments to section 26-510 of chapter 4 of title 26 of the admin-
istrative code of the city of New York made by section one of  this  act
shall  expire  on the same date as such law expires and shall not affect
the expiration of such law as provided under section 26-520 of such law.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02142-01-3

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