Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 18, 2011 |
referred to housing, construction and community development |
Senate Bill S2258
2011-2012 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Housing, Construction And Community Development 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
Actions
2011-S2258 (ACTIVE) - Details
- Current Committee:
- Senate Housing, Construction And Community Development
- Law Section:
- New York City Administrative Code
- Laws Affected:
- Amd §26-510, NYC Ad Cd; amd §4, Emerg Ten Prot Act of 1974
- Versions Introduced in 2009-2010 Legislative Session:
-
S467
2011-S2258 (ACTIVE) - Summary
Requires landlords to make books and records available regarding income and other certain information upon request of the rent guidelines board to be used in determining whether certain rents for housing accommodations within a city having a population of one million or more shall be adjusted; requires the rent guidelines board to keep such information confidential; and authorizes the rent guidelines board to administer oaths, issue subpoenas and perform other certain duties.
2011-S2258 (ACTIVE) - Sponsor Memo
BILL NUMBER:S2258 TITLE OF BILL: An act to amend the administrative code of the city of New York and the emergency tenant protection act of nineteen seventy-four, in relation to the powers of the rent guidelines board PURPOSE: This bill requires landlords to make certain records available upon the request of the rent guidelines board. SUMMARY OF PROVISIONS: Section 1 of this bill amends subdivision b of section 26-510 of the administrative code of the city of New York. Upon request by the rent guidelines board, landlords regulated by the emergency tenant protection act of 1974 shall make available any books and records regarding income, expenditures, tax benefits, financing arrangements, utility bills, and any other pertinent information to determine rent adjustments. This shall only apply to cities with a population of one million or more. Section 2 adds a new subdivision j to section 26-510 of the administrative code of the city of New York. The rent guidelines
2011-S2258 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2258 2011-2012 Regular Sessions I N S E N A T E January 18, 2011 ___________ Introduced by Sen. KRUGER -- 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 emergency tenant protection act of nineteen seventy-four, in relation to the powers of the rent guidelines board THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision b of section 26-510 of the administrative code of the city of New York is amended to read as follows: b. (1) The rent guidelines board shall establish annually guidelines for rent adjustments, and in determining whether rents for housing accommodations subject to the emergency tenant protection act of nine- teen seventy-four or this law shall be adjusted shall consider, among other things (1) the economic condition of the residential real estate industry in the affected area including such factors as the prevailing and projected (i) real estate taxes and sewer and water rates, (ii) gross operating maintenance costs (including insurance rates, govern- mental fees, cost of fuel and labor costs), (iii) costs and availability of financing (including effective rates of interest), (iv) over-all supply of housing accommodations and over-all vacancy rates, (2) rele- vant data from the current and projected cost of living indices for the affected area, (3) such other data as may be made available to it. Not later than July first of each year, the rent guidelines board shall file with the city clerk its findings for the preceding calendar year, and shall accompany such findings with a statement of the maximum rate or rates of rent adjustment, if any, for one or more classes of accommo- dations subject to this law, authorized for leases or other rental agreements commencing on the next succeeding October first or within the twelve months thereafter. Such findings and statement shall be published in the City Record. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07113-01-1
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