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Assembly Bill A1817

2019-2020 Legislative Session

Entitles senior citizens to a refund of any security deposit exceeding one month's rent

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Archive: Last Bill Status - In Assembly Committee

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2019-A1817 (ACTIVE) - Details

Current Committee:
Assembly Judiciary
Law Section:
Real Property Law
Laws Affected:
Add §235-h, RP L
Versions Introduced in Other Legislative Sessions:
2009-2010: A4405
2011-2012: A2394
2013-2014: A585
2015-2016: A2240
2017-2018: A2576
2021-2022: A1710
2023-2024: A4644
2025-2026: A7072

2019-A1817 (ACTIVE) - Summary

Limits the amount of security deposit for residential rental premises which may be charged to a senior citizen who has occupied the premises for five years or more to the equivalent of one month's rent and entitles a person who has attained the age of sixty-two to a refund of that portion of any security deposit held by the landlord which exceeds one month's rent.

2019-A1817 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1817
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 17, 2019
                                ___________
 
 Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
   tee on Judiciary
 
 AN ACT to amend the real property law, in relation to  entitling  senior
   citizens  to  a  refund of the portion of a security deposit exceeding
   one month's rent
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  real property law is amended by adding a new section
 235-h to read as follows:
   § 235-H. SENIOR CITIZENS SECURITY  DEPOSIT  REFUND.  NO  LANDLORD  MAY
 CHARGE MORE THAN THE EQUIVALENT OF ONE MONTH'S RENT AS A SECURITY DEPOS-
 IT  FOR  RESIDENTIAL  RENTAL  PREMISES  OCCUPIED  BY  ANY TENANT WHO HAS
 ATTAINED THE AGE OF SIXTY-TWO YEARS OR OLDER AND WHO HAS  OCCUPIED  SUCH
 RESIDENTIAL  RENTAL  PREMISES  FOR  FIVE  OR  MORE YEARS. UPON ATTAINING
 SIXTY-TWO YEARS OF AGE DURING THE TERM  OF  OCCUPANCY,  ANY  TENANT  WHO
 NOTIFIES  THE  LANDLORD SHALL BE ENTITLED TO A REFUND OF THAT PORTION OF
 ANY SECURITY DEPOSIT HELD BY THE LANDLORD IN EXCESS OF ONE MONTH'S RENT.
   § 2. This act shall take effect immediately.
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05402-01-9

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