Assembly Bill A5905

2025-2026 Legislative Session

Requires affordable housing units to be equally distributed throughout building projects

download bill text pdf

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Current Bill Status - In Assembly 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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2025-A5905 (ACTIVE) - Details

Current Committee:
Assembly Real Property Taxation
Law Section:
Real Property Tax Law
Laws Affected:
Amd §421-a, RPT L
Versions Introduced in Other Legislative Sessions:
2013-2014: A8330
2015-2016: A1343
2017-2018: A602
2019-2020: A691
2021-2022: A1740
2023-2024: A445

2025-A5905 (ACTIVE) - Summary

Requires affordable housing units to be equally distributed throughout building projects.

2025-A5905 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5905
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 24, 2025
                                ___________
 
 Introduced  by  M.  of  A.  ROSENTHAL  --  read once and referred to the
   Committee on Real Property Taxation
 
 AN ACT to amend the real property tax law, in relation to  the  distrib-
   ution of affordable units in certain projects
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 7 of section 421-a of the real property tax law
 is amended by adding four new paragraphs (h), (i), (j) and (k)  to  read
 as follows:
   (H)  AFFORDABLE  UNITS MUST BE PROPORTIONALLY DISPERSED THROUGHOUT THE
 PROJECT AND MAY NOT BE CONCENTRATED  IN  CERTAIN  FLOORS,  BUILDINGS  OR
 AREAS OF A BUILDING OR BUILDINGS.
   (I)  AFFORDABLE  UNITS  MUST HAVE EQUAL ACCESS TO COMMON SPACES, AMEN-
 ITIES, AND INGRESS AND EGRESS AS MARKET-RATE UNITS.
   (J) WITHIN A CITY HAVING A POPULATION OF ONE MILLION OR MORE, THE CITY
 COUNCIL MAY, BY MAJORITY VOTE, WAIVE THE REQUIREMENTS OF PARAGRAPHS  (H)
 AND (I) OF THIS SUBDIVISION FOR ANY PROJECT.
   (K)  ANY  PROJECTS COMPLETED PRIOR TO THE EFFECTIVE DATE OF THIS PARA-
 GRAPH SHALL ENSURE COMPLIANCE WITH PARAGRAPH (I) OF THIS SECTION.
   § 2. This act  shall  take  effect  immediately  and  shall  apply  to
 projects  that  remain  in construction as of the effective date of this
 section.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
 A                                                          LBD02875-02-5

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