Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 01, 2024 |
signed chap.95 delivered to governor |
Feb 13, 2024 |
returned to senate passed assembly |
Jan 29, 2024 |
ordered to third reading cal.276 substituted for a8506 |
Jan 29, 2024 |
substituted by s8011 |
Jan 25, 2024 |
advanced to third reading cal.276 |
Jan 23, 2024 |
reported |
Jan 17, 2024 |
reported referred to codes |
Jan 04, 2024 |
referred to housing |
Assembly Bill A8506
Signed By Governor2023-2024 Legislative Session
Sponsored By
ROSENTHAL L
Current Bill Status Via S8011 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2023-A8506 (ACTIVE) - Details
- See Senate Version of this Bill:
- S8011
- Law Section:
- New York City Administrative Code
- Laws Affected:
- Amd §26-511, NYC Ad Cd; amd §§10-b & 5, Emerg Ten Prot Act of 1974; amd Part B §§2 & 3, add §2-a, Chap of 2023 (as proposed in S.2980-C & A.6216-B)
2023-A8506 (ACTIVE) - Summary
Establishes the legal regulated rent for the combination of two or more vacant apartments; relates to exemptions from rent stabilization on the basis of substantial rehabilitation; relates to clearly defining the scope of the fraud exception to the pre-HSTPA four-year rule for calculating rents and relates to the effectiveness thereof.
2023-A8506 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8506 I N A S S E M B L Y January 4, 2024 ___________ Introduced by M. of A. L. ROSENTHAL -- read once and referred to the Committee on Housing AN ACT to amend the administrative code of the city of New York and the emergency tenant protection act of nineteen seventy-four, in relation to establishing the legal regulated rent for the combination of two or more vacant apartments; to amend the emergency tenant protection act of nineteen seventy-four, in relation to exemptions from rent stabili- zation on the basis of substantial rehabilitation; to define clearly the scope of the fraud exception to the pre-HSTPA four-year rule for calculating rents; and to amend part B of a chapter of the laws of 2023 relating to defining clearly the scope of the fraud exception to the pre-HSTPA four-year rule for calculating rents, as proposed in legislative bills numbers S. 2980-C and A. 6216-B, in relation to claims of fraudulent schemes and determination relating thereto and in relation to the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph (d) of paragraph 15 of subdivision c of section 26-511 of the administrative code of the city of New York, as added by part A of a chapter of the laws of 2023 amending the adminis- trative code of the city of New York and the emergency tenant protection act of nineteen seventy-four relating to establishing the legal regu- lated rent for the combination of two or more vacant apartments, as proposed in legislative bills numbers S. 2980-C and A. 6216-B, is amended to read as follows: (d) where the vacant housing accommodations are combined, modified, divided or the dimension of such housing accommodation otherwise altered and these changes are being made pursuant to a preservation regulatory agreement with a federal, state or local governmental agency or instru- mentality, the rent stabilized rents charged thereafter shall be based on an initial rent set by such agency or instrumentality[, provided such initial rent shall not be higher than if the initial rent was calculated in accordance with subparagraphs (a), (b), (e) or (f) of this para- graph]. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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