Assembly Actions -
Senate Actions - UPPERCASE
|Jan 08, 2020||
referred to housing, construction and community development
|Sep 04, 2019||
referred to rules
Senate Bill S6680
2019-2020 Legislative Session
Archive: Last Bill Status - In Senate Committee Housing, Construction And Community Development Committee
- In Committee Assembly
- On Floor Calendar Assembly
- Passed Assembly
- Delivered to Governor
- Signed By Governor
2019-S6680 (ACTIVE) - Details
- See Assembly Version of this Bill:
- Current Committee:
- Senate Housing, Construction And Community Development
- Law Section:
- Emergency Tenant Protection Act of 1974
- Laws Affected:
- Add §10-c, Emerg Ten Prot Act of 1974
- Versions Introduced in Other Legislative Sessions:
2019-S6680 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6680 SPONSOR: SALAZAR TITLE OF BILL: An act to amend the emergency tenant protection act of nineteen seventy-four, in relation to regulating buyouts within rent regulated apartments PURPOSE:: This legislation provides needed protection to rent-regu- lated tenants from the common situation where tenants face harassment and undue pressure from landlords to surrender or waive their rights to occupancy pursuant to "buyout" agreements. SUMMARY OF SPECIFIC PROVISIONS:: Section 1 adds a new section 10-c, titled "Regulated buyouts for rent regulated apartments" to the emergency tenant protection act of 1974, which, in paragraph (a) defines the terms used in this statute, most importantly, "buyout agreement" is defined as an agreement wherein the owner of a dwelling unit exchanges money or other valuable consideration to induce any person lawfully entitled to occupancy of such unit to surrender or waive any rights in relation to such occupancy that results
2019-S6680 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6680 2019-2020 Regular Sessions I N S E N A T E September 4, 2019 ___________ Introduced by Sen. SALAZAR -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the emergency tenant protection act of nineteen seven- ty-four, in relation to regulating buyouts within rent regulated apartments THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. 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 section 10-c to read as follows: § 10-C. REGULATED BUYOUTS FOR RENT REGULATED APARTMENTS. A. FOR PURPOSES OF THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (1) "BUYOUT AGREEMENT" SHALL MEAN AN AGREEMENT WHEREIN THE OWNER OF A DWELLING UNIT EXCHANGES MONEY OR OTHER VALUABLE CONSIDERATION TO INDUCE ANY PERSON LAWFULLY ENTITLED TO OCCUPANCY OF SUCH UNIT TO SURRENDER OR WAIVE ANY RIGHTS IN RELATION TO SUCH OCCUPANCY THAT RESULTS IN THE TENANT VACATING SUCH UNIT. (2) "COMMISSIONER" SHALL MEAN THE COMMISSIONER OF THE DIVISION OF HOUSING AND COMMUNITY RENEWAL AND ANY SUCCESSOR THERETO. (3) "DIVISION" SHALL MEAN THE DIVISION OF HOUSING AND COMMUNITY RENEWAL AND ANY SUCCESSOR THERETO. B. (1) IF A LANDLORD SHALL MAKE A BUYOUT OFFER TO A CURRENT TENANT IN THE FORM OF A PROPOSED BUYOUT AGREEMENT, SUCH AGREEMENT SHALL BE MADE IN WRITING AND SHALL CONTAIN: (A) HIS OR HER NAME AND CONTACT INFORMATION; (B) THE DATE THE REQUEST WAS MADE IN WRITING; (C) THE AMOUNT OF MONEY BEING OFFERED TO THE CURRENT TENANT; AND (D) THE REASON FOR CONTACTING THE TENANT; (2) THE LANDLORD SHALL MAKE IT KNOWN TO A TENANT WITHIN ANY PROPOSED BUYOUT AGREEMENT THAT: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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