Senate Bill S429

2023-2024 Legislative Session

Relates to notice regarding the rent increase exemption for low income elderly persons and persons with disabilities programs

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Finance Committee


  • 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

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2023-S429 (ACTIVE) - Details

See Assembly Version of this Bill:
A679
Current Committee:
Senate Finance
Law Section:
New York City Administrative Code
Laws Affected:
Add §26-605.2, NYC Ad Cd; amd §§467-b & 467-c, RPT L
Versions Introduced in Other Legislative Sessions:
2019-2020: S6210, A7730
2021-2022: S512, A719

2023-S429 (ACTIVE) - Summary

Requires certain agencies and individuals to provide notice regarding the rent increase exemption for low income elderly persons and persons with disabilities programs to tenants upon the occurrence of certain events.

2023-S429 (ACTIVE) - Sponsor Memo

2023-S429 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    429
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 4, 2023
                                ___________
 
 Introduced  by  Sens. KRUEGER, RIVERA -- read twice and ordered printed,
   and when  printed  to  be  committed  to  the  Committee  on  Housing,
   Construction and Community Development
 
 AN  ACT to amend the administrative code of the city of New York and the
   real property tax law,  in  relation  to  notice  regarding  the  rent
   increase  exemption  for  low  income elderly persons and persons with
   disabilities programs
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. The administrative code of the city of New York is amended
 by adding a new section 26-605.2 to read as follows:
   § 26-605.2 REQUIRED NOTICE. (A) A TENANT RESIDING IN A  DWELLING  UNIT
 SUBJECT  TO  THE  PROVISIONS OF THIS CHAPTER SHALL BE FURNISHED A NOTICE
 INFORMING SUCH TENANT ABOUT HIS OR HER POTENTIAL ELIGIBILITY FOR A  RENT
 INCREASE  EXEMPTION  PURSUANT  TO THIS CHAPTER AND THE REAL PROPERTY TAX
 LAW. THE FORM AND CONTENT OF SUCH NOTICE SHALL  BE  PROMULGATED  BY  THE
 COMMISSIONER OF FINANCE AND SHALL INCLUDE THE STATEMENT:
   "YOU  MAY  BE  ELIGIBLE TO HAVE YOUR RENT FROZEN IF YOU ARE AGED 62 OR
 OVER OR DISABLED, HAVE AN ANNUAL HOUSEHOLD INCOME OF $50,000 OR LESS AND
 PAY MORE THAN ONE-THIRD OF YOUR INCOME TOWARD YOUR RENT. FOR MORE INFOR-
 MATION ABOUT YOUR ELIGIBILITY TO HAVE YOUR  RENT  FROZEN,  CALL  311  OR
 VISIT (INSERT URL OF THE CURRENT WEBSITE OF THE AGENCY DESIGNATED)."
   (B)  THE  NOTICE  REQUIRED BY SUBDIVISION (A) OF THIS SECTION SHALL BE
 FURNISHED BY THE FOLLOWING AGENCIES OR INDIVIDUALS AT THE SAME  TIME  AS
 THE NOTICE REQUIRED BY THE OCCURRENCE OF THE FOLLOWING EVENTS:
   (1)  THE  STATE  COMMISSIONER  OF  HOUSING AND COMMUNITY RENEWAL SHALL
 PROVIDE SUCH NOTICE TO A TENANT IN THE EVENT OF:
   (I) RECEIPT OF AN APPLICATION FOR A RENT ADJUSTMENT  DUE  TO  A  MAJOR
 CAPITAL IMPROVEMENT;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00697-01-3
              

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