senate Bill S8125

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

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Judiciary Committee


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

Your Voice

do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

view actions (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 26, 2020 print number 8125a
Mar 26, 2020 amend (t) and recommit to judiciary
Mar 23, 2020 referred to judiciary

Co-Sponsors

view additional co-sponsors

S8125 - Details

See Assembly Version of this Bill:
A10224
Current Committee:
Senate Judiciary
Law Section:
Real Property

S8125 - 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).

S8125 - Sponsor Memo

S8125 - Bill Text download pdf


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

                                  8125

                            I N  S E N A T E

                             March 23, 2020
                               ___________

Introduced by Sens. GIANARIS, BIAGGI, CARLUCCI, FUNKE, HOYLMAN, JACKSON,
  LIU,  MONTGOMERY,  PARKER,  PERSAUD,  RAMOS, SALAZAR, STAVISKY -- read
  twice and ordered printed, and when printed to  be  committed  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.

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

Co-Sponsors

view additional co-sponsors

S8125A (ACTIVE) - Details

See Assembly Version of this Bill:
A10224
Current Committee:
Senate Judiciary
Law Section:
Real Property

S8125A (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).

S8125A (ACTIVE) - Sponsor Memo

S8125A (ACTIVE) - Bill Text download pdf


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

                                 8125--A

                            I N  S E N A T E

                             March 23, 2020
                               ___________

Introduced  by  Sens. GIANARIS, BAILEY, BIAGGI, HOYLMAN, JACKSON, KAMIN-
  SKY,  KENNEDY,  KRUEGER,  LIU,  METZGER,  MONTGOMERY,  MYRIE,  PARKER,
  PERSAUD, RAMOS, RIVERA, SALAZAR, SAVINO, SEPULVEDA, SERRANO, STAVISKY,
  THOMAS  --  read  twice  and  ordered  printed, and when printed to be
  committed to the Committee on Judiciary -- committee discharged,  bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee

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

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

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.

 

Related Recent Legislation

Related Issues

Explore Issues