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Senate Bill S3208

2025-2026 Legislative Session

Repeals provisions 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; repealer

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2025-S3208 (ACTIVE) - Details

See Assembly Version of this Bill:
A2286
Law Section:
New York City Administrative Code
Laws Affected:
Rpld §26-405 sub a ¶¶3 & 4, NYC Ad Cd
Versions Introduced in 2023-2024 Legislative Session:
S6900, A8854

2025-S3208 (ACTIVE) - Summary

Repeals provisions relating to the establishment of maximum base rents using the maximum gross building rental formula.

2025-S3208 (ACTIVE) - Sponsor Memo

2025-S3208 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3208
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             January 24, 2025
                                ___________
 
 Introduced by Sens. KAVANAGH, JACKSON -- read twice and ordered printed,
   and  when  printed  to  be  committed  to  the  Committee  on Housing,
   Construction and Community Development
 
 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 the administrative code of the city of New York are REPEALED.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.
                                                            LBD05701-01-5

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