assembly Bill A10224A

2019-2020 Legislative Session

Relates to suspending rent payments for certain residential tenants and small business commercial tenants and certain mortgage payments for ninety days in response to the outbreak of covid-19

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Sponsored By

Current Bill Status - In Assembly 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 (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 27, 2020 print number 10224a
Mar 27, 2020 amend (t) and recommit to judiciary
Mar 24, 2020 referred to judiciary

Co-Sponsors

view additional co-sponsors

A10224 - Details

See Senate Version of this Bill:
S8125
Current Committee:
Assembly Judiciary
Law Section:
Real Property

A10224 - Summary

Suspends all rent payments for certain residential tenants and small business commercial tenants if such tenant has lost employment or was forced to close their place of business and certain mortgage payments for landlords of such tenants in the state for ninety days following the effective date of this act in response to the outbreak of coronavirus disease 2019 (COVID-19).

A10224 - Bill Text download pdf


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

                                  10224

                          I N  A S S E M B L Y

                             March 24, 2020
                               ___________

Introduced  by  M. of A. NIOU -- read once and referred to the Committee
  on Judiciary

AN ACT to suspend  rent  payments  and  certain  mortgage  payments  for
  certain  residential tenants and small business commercial tenants for
  ninety days in response to the outbreak of coronavirus

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

  Section  1.  (a)  Notwithstanding  any other provision of law, rule or
regulation to the contrary, any residential  tenant  or  small  business
commercial  tenant  in the state that has lost income or has been forced
to close their place of business  as  a  result  of  government  ordered
restrictions  in  response  to  the outbreak of coronavirus disease 2019
(COVID-19), shall have all  rent  payments  suspended  for  ninety  days
following  the  effective  date  of this act. Such residential tenant or
small business commercial tenant shall not and shall never  be  required
to  pay  any  rent waived during such time period.  Every residential or
small business commercial tenant whose lease expires  during  this  time
period  shall  be  subject  to an automatic renewal lease at the current
rent charged. Late fees shall not be collectable for rent accrued during
this time period.
  (b) (i) Any person who faces a financial hardship as a result of being
deprived rent payments for a covered property pursuant to  this  section
shall  receive  forgiveness  on  any  mortgage payments for such covered
property in an amount determined by the following fraction multiplied by
such mortgage payment, up to the total dollar amount of lost rent:
  (A) The numerator shall be the total amount of rent payments suspended
for his or her tenants over the ninety  day  period  laid  out  in  this
section; and
  (B)  The  denominator shall be the total amount of rent payments typi-
cally owed for such entire property over the ninety day period laid  out
in this section.
  (ii) Any person qualifying for mortgage payment forgiveness under this
paragraph  shall  not  and  shall  never be required to pay any mortgage
waived during such time period.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

Co-Sponsors

view additional co-sponsors

A10224A (ACTIVE) - Details

See Senate Version of this Bill:
S8125
Current Committee:
Assembly Judiciary
Law Section:
Real Property

A10224A (ACTIVE) - Summary

Suspends all rent payments for certain residential tenants and small business commercial tenants if such tenant has lost employment or was forced to close their place of business and certain mortgage payments for landlords of such tenants in the state for ninety days following the effective date of this act in response to the outbreak of coronavirus disease 2019 (COVID-19).

A10224A (ACTIVE) - Bill Text download pdf


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

                                10224--A

                          I N  A S S E M B L Y

                             March 24, 2020
                               ___________

Introduced by M. of A. NIOU, EPSTEIN, DenDEKKER, SIMOTAS, TAYLOR, GLICK,
  HEVESI,  REYES, FRONTUS, L. ROSENTHAL -- read once and referred to the
  Committee on Judiciary -- committee discharged, bill amended,  ordered
  reprinted as amended and recommitted to said committee

AN  ACT  to  suspend  rent  payments for certain residential tenants and
  small business commercial tenants  and  to  suspend  certain  mortgage
  payments for ninety days in response to the outbreak of coronavirus

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

  Section 1. (a) Notwithstanding any other provision  of  law,  rule  or
regulation  to  the  contrary,  any residential tenant or small business
commercial tenant in the state that has lost income or has  been  forced
to  close  their  place  of  business  as a result of government ordered
restrictions in response to the outbreak  of  coronavirus  disease  2019
(COVID-19),  shall  have  all  rent  payments  suspended for ninety days
following the effective date of this act.  Such  residential  tenant  or
small  business  commercial tenant shall not and shall never be required
to pay any rent waived during  such  time  period.    Every  residential
tenant  or  small  business commercial tenant whose lease expires during
this time period shall be subject to an automatic renewal lease  at  the
current  rent  charged.  Late  fees  shall  not  be collectable for rent
accrued during this time period.
  (b) (i) Any person or entity who  faces  a  financial  hardship  as  a
result  of  being  deprived  rent payments for property pursuant to this
section shall receive forgiveness on  any  mortgage  payments  for  such
property for ninety days, in an amount determined by the following frac-
tion  multiplied by such mortgage payment, up to the total dollar amount
of lost rent:
  (A) The numerator shall be the total amount of rent payments suspended
for his or her tenants over the ninety  day  period  laid  out  in  this
section; and
  (B)  The  denominator shall be the total amount of rent payments typi-
cally owed for such entire property over the ninety day period laid  out
in this section.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets