S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8854
 
                           I N  A S S E M B L Y
 
                             January 18, 2024
                                ___________
 
 Introduced  by  M.  of  A. L. ROSENTHAL -- read once and referred to the
   Committee on Housing
 
 AN ACT to repeal paragraphs 3 and 4 of subdivision a of  section  26-405
   of  the  administrative  code of the city of New York, relating to the
   establishment of maximum base rents using the maximum  gross  building
   rental formula
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraphs 3 and 4 of subdivision a of  section  26-405  of
 the administrative code of the city of New York are REPEALED.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11384-01-3