S T A T E O F N E W Y O R K
________________________________________________________________________
8273
2015-2016 Regular Sessions
I N A S S E M B L Y
June 16, 2015
___________
Introduced by M. of A. WRIGHT -- read once and referred to the Committee
on Housing
AN ACT to amend chapter 576 of the laws of 1974 amending the emergency
housing rent control law relating to the control of and stabilization
of rent in certain cases, the emergency housing rent control law,
chapter 329 of the laws of 1963 amending the emergency housing rent
control law relating to recontrol of rents in Albany, and the rent
regulation reform act of 1997, in relation to extending the effective-
ness thereof; and to amend the real property tax law, in relation to
extending tax exemptions for new multiple dwellings
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 17 of chapter 576 of the laws of 1974 amending the
emergency housing rent control law relating to the control of and
stabilization of rent in certain cases, as amended by section 1-a of
part B of chapter 97 of the laws of 2011, is amended to read as follows:
S 17. Effective date. This act shall take effect immediately and
shall remain in full force and effect until and including the
[fifteenth] FIRST day of [June 2015] FEBRUARY 2016; except that sections
two and three shall take effect with respect to any city having a popu-
lation of one million or more and section one shall take effect with
respect to any other city, or any town or village whenever the local
legislative body of a city, town or village determines the existence of
a public emergency pursuant to section three of the emergency tenant
protection act of nineteen seventy-four, as enacted by section four of
this act, and provided that the housing accommodations subject on the
effective date of this act to stabilization pursuant to the New York
city rent stabilization law of nineteen hundred sixty-nine shall remain
subject to such law upon the expiration of this act.
S 2. Subdivision 2 of section 1 of chapter 274 of the laws of 1946
constituting the emergency housing rent control law, as amended by
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11700-01-5
A. 8273 2
section 2 of part B of chapter 97 of the laws of 2011, is amended to
read as follows:
2. The provisions of this act, and all regulations, orders and
requirements thereunder shall remain in full force and effect until and
including [June 15, 2015] FEBRUARY 1, 2016.
S 3. Section 2 of chapter 329 of the laws of 1963 amending the emer-
gency housing rent control law relating to recontrol of rents in Albany,
as amended by section 3 of part B of chapter 97 of the laws of 2011, is
amended to read as follows:
S 2. This act shall take effect immediately and the provisions of
subdivision 6 of section 12 of the emergency housing rent control law,
as added by this act, shall remain in full force and effect until and
including [June 15, 2015] FEBRUARY 1, 2016.
S 4. Subdivision 6 of section 46 of chapter 116 of the laws of 1997
constituting the rent regulation reform act of 1997, as amended by
section 6 of part B of chapter 97 of the laws of 2011, is amended to
read as follows:
6. sections twenty-eight, twenty-eight-a, twenty-eight-b and twenty-
eight-c of this act shall expire and be deemed repealed after [June 15,
2015] FEBRUARY 1, 2016;
S 5. The opening paragraph of clause (A) of subparagraph (iv) of para-
graph (a) of subdivision 2 of section 421-a of the real property tax
law, as amended by section 41 of part B of chapter 97 of the laws of
2011, is amended to read as follows:
Unless excluded by local law, in the city of New York, the benefits of
this subparagraph shall be available in the borough of Manhattan for new
multiple dwellings on tax lots now existing or hereafter created south
of or adjacent to either side of one hundred tenth street that commence
construction after July first, nineteen hundred ninety-two and before
[June fifteenth] FEBRUARY FIRST, two thousand [fifteen] SIXTEEN only if:
S 6. Subparagraph (ii) of paragraph (c) of subdivision 2 of section
421-a of the real property tax law, as amended by section 42 of part B
of chapter 97 of the laws of 2011, is amended to read as follows:
(ii) construction is commenced after January first, nineteen hundred
seventy-five and before [June fifteenth] FEBRUARY FIRST, two thousand
[fifteen] SIXTEEN provided, however, that such commencement period shall
not apply to multiple dwellings eligible for benefits under subparagraph
(iv) of paragraph (a) of this subdivision;
S 7. This act shall take effect immediately and shall shall be deemed
to have been in full force and effect on and after June 15, 2015.