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Senate Bill S8612

2025-2026 Legislative Session

Relates to enacting technical changes to the good cause eviction law

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Current Bill Status - In Senate Committee Rules Committee

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2025-S8612 (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
Real Property Law
Laws Affected:
Amd §§211, 214, 216, 226-c & 231-c, RP L; amd §§711 & 741, RPAP L

2025-S8612 (ACTIVE) - Summary

Relates to enacting technical changes to the good cause eviction law.

2025-S8612 (ACTIVE) - Sponsor Memo

2025-S8612 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8612
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             December 12, 2025
                                ___________
 
 Introduced  by Sen. KAVANAGH -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the real property law and the real property actions  and
   proceedings law, in relation to enacting technical changes to the good
   cause eviction law

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 7 of section 211 of the real property  law,  as
 added  by  section  1  of  part HH of chapter 56 of the laws of 2024, is
 amended and a new subdivision 9 is added to read as follows:
   7. The term "inflation index" shall mean five percent plus the  annual
 percentage  change  in  the consumer price index for all urban consumers
 for all items as published by the United States bureau of labor  statis-
 tics  for  the  region in which the housing accommodation is located, as
 established for the most recent preceding  calendar  year  as  shall  be
 published by the division of housing and community renewal no later than
 the first of [August] JUNE in any given year AND BECOME EFFECTIVE ON THE
 FIRST  OF  OCTOBER  OF THE SAME YEAR, provided further that for New York
 city and any village, town, or city that adopts the provisions  of  this
 article  by local law pursuant to subdivision one of section two hundred
 thirteen of this article in the counties of  Dutchess,  Nassau,  Orange,
 Putnam,  Rockland,  Suffolk,  and Westchester, such consumer price index
 shall be the New York-Newark-Jersey City, NY-NJ-PA consumer price index,
 and provided further that for any other  village,  town,  or  city  that
 adopts  the provisions of this article by local law pursuant to subdivi-
 sion one of section two hundred thirteen of this article, such  consumer
 price index shall be the Northeast Region consumer price index.
   9.  (A) THE TERM "CONSUMMATED" SHALL MEAN FOR COOPERATIVES: THE TRANS-
 FER OF TITLE TO THE APARTMENT CORPORATION AND THE ISSUANCE OF SHARES AND
 A PROPRIETARY LEASE TO AT LEAST ONE SUBSCRIBER UNDER THE PLAN  FOLLOWING
 A  DECLARATION  OF  EFFECTIVENESS  BY  THE SPONSOR AND ACCEPTANCE OF THE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00255-02-5
              

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