senate Bill S500A

2013-2014 Legislative Session

Prevents landlords from receiving a financial windfall from major capital improvements funded by the New York state energy and research development authority

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Archive: Last Bill Status - In Committee


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

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to housing, construction and community development
May 23, 2013 print number 500a
amend and recommit to housing, construction and community development
Jan 09, 2013 referred to housing, construction and community development

Bill Amendments

Original
A (Active)
Original
A (Active)

Co-Sponsors

S500 - Details

See Assembly Version of this Bill:
A2750A
Current Committee:
Law Section:
Emergency Tenant Protection Act of 1974
Laws Affected:
Amd §6, Emerg Ten Prot Act of 1974; amd §26-405, NYC Ad Cd
Versions Introduced in Previous Legislative Sessions:
2011-2012: S1294, A6123
2009-2010: S1794, A4877

S500 - Summary

Prevents landlords from receiving a financial windfall from major capital improvements funded by the New York State energy and research development authority.

S500 - Sponsor Memo

S500 - Bill Text download pdf

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

                                   500

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced by Sen. ESPAILLAT -- 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 emergency tenant protection act of  nineteen  seven-
  ty-four  and  the  administrative  code  of  the  city of New York, in
  relation to prohibiting landlords from increasing rent for major capi-
  tal improvements funded through state entities

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

  Section  1.  Paragraph 3 of subdivision d of section 6 of section 4 of
chapter 576 of the  laws  of  1974  constituting  the  emergency  tenant
protection  act  of  nineteen seventy-four, as amended by chapter 749 of
the laws of 1990, is amended to read as follows:
  (3) there has been since January first, nineteen hundred  seventy-four
a  major capital improvement required for the operation, preservation or
maintenance of the structure; PROVIDED THAT THE MAJOR  CAPITAL  IMPROVE-
MENT  WAS  NOT  FUNDED  IN ANY PART FROM MONEYS PROVIDED BY THE NEW YORK
STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY.   An  adjustment  under
this  paragraph shall be in an amount sufficient to amortize the cost of
the improvements pursuant to this paragraph over a seven-year period, or
  S 2. Subparagraph (g) of paragraph  1  of  subdivision  g  of  section
26-405 of the administrative code of the city of New York, as amended by
chapter 749 of the laws of 1990, is amended to read as follows:
  (g) There has been since July first, nineteen hundred seventy, a major
capital  improvement required for the operation, preservation or mainte-
nance of the structure; PROVIDED THAT THE MAJOR CAPITAL IMPROVEMENT  WAS
NOT FUNDED IN ANY PART FROM MONEYS PROVIDED BY THE NEW YORK STATE ENERGY
RESEARCH  AND  DEVELOPMENT AUTHORITY.  An adjustment under this subpara-
graph [(g)] shall be in an amount sufficient to amortize the cost of the

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01930-01-3

Co-Sponsors

S500A (ACTIVE) - Details

See Assembly Version of this Bill:
A2750A
Current Committee:
Law Section:
Emergency Tenant Protection Act of 1974
Laws Affected:
Amd §6, Emerg Ten Prot Act of 1974; amd §26-405, NYC Ad Cd
Versions Introduced in Previous Legislative Sessions:
2011-2012: S1294, A6123
2009-2010: S1794, A4877

S500A (ACTIVE) - Summary

Prevents landlords from receiving a financial windfall from major capital improvements funded by the New York State energy and research development authority.

S500A (ACTIVE) - Sponsor Memo

S500A (ACTIVE) - Bill Text download pdf

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

                                 500--A

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sens.  ESPAILLAT,  HOYLMAN,  KRUEGER  --  read twice and
  ordered printed, and when printed to be committed to the Committee  on
  Housing,   Construction   and   Community   Development  --  committee
  discharged, bill amended, ordered reprinted as amended and recommitted
  to said committee

AN ACT to amend the emergency tenant protection act of  nineteen  seven-
  ty-four  and  the  administrative  code  of  the  city of New York, in
  relation to prohibiting landlords from increasing rent for major capi-
  tal improvements funded through state entities

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

  Section  1.  Subdivision d of section 6 of section 4 of chapter 576 of
the laws of 1974 constituting the emergency  tenant  protection  act  of
nineteen  seventy-four is amended by adding a new paragraph 6 to read as
follows:
  (6) NOTWITHSTANDING PARAGRAPH THREE OF THIS SUBDIVISION THERE SHALL BE
NO ADJUSTMENT FOR ANY MAJOR CAPITAL IMPROVEMENT FUNDED IN ANY PART  FROM
MONEYS  PROVIDED  BY  THE NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT
AUTHORITY.
  S 2. Paragraph 1 of subdivision g of section 26-405 of the administra-
tive code of the city of New York, is amended by adding a  new  subpara-
graph (p) to read as follows:
  (P)  NOTWITHSTANDING SUBPARAGRAPHS (G) OR (K) OF THIS PARAGRAPH, THERE
SHALL BE NO ADJUSTMENT FOR ANY MAJOR  CAPITAL  IMPROVEMENT  OR  FOR  ANY
OTHER  EXPENDITURES  TO  IMPROVE,  RESTORE  OR PRESERVE THE QUALITY OF A
STRUCTURE IF SUCH MAJOR CAPITAL IMPROVEMENT OR SUCH OTHER EXPENDITURE IS
FUNDED IN ANY PART FROM MONEYS PROVIDED BY THE  NEW  YORK  STATE  ENERGY
RESEARCH AND DEVELOPMENT AUTHORITY.
  S 3. This act shall take effect immediately; provided that:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01930-05-3

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