Senate Bill S3528

2011-2012 Legislative Session

Requires certain considerations by rent guidelines board in NYC and Westchester, Nassau and Rockland counties; grants board subpoena power

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Sponsored By

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

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2011-S3528 (ACTIVE) - Details

Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Emergency Tenant Protection Act of 1974
Laws Affected:
Amd §4, Emerg Ten Prot Act of 1974; amd §26-510, NYC Ad Cd
Versions Introduced in 2009-2010 Legislative Session:
S3962

2011-S3528 (ACTIVE) - Summary

Makes provisions regarding matters to be considered by rent guidelines boards in NYC and Westchester, Nassau and Rockland counties in determining annual rent adjustments for housing accommodations; grants such boards subpoena power relating to relevant data and acquisition thereof in furtherance of their statutory responsibility.

2011-S3528 (ACTIVE) - Sponsor Memo

2011-S3528 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3528

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 24, 2011
                               ___________

Introduced by Sens. OPPENHEIMER, DIAZ, KRUEGER -- 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 emergency tenant protection act of nineteen seven-
  ty-four and the administrative code  of  the  city  of  New  York,  in
  relation to 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 4 of section 4 of chapter  576  of
the  laws  of  1974, constituting the emergency tenant protection act of
nineteen seventy-four, as amended by chapter 486 of the  laws  of  1976,
the  opening paragraph as amended by chapter 403 of the laws of 1983 and
the second and third undesignated paragraphs as amended by  chapter  330
of the laws of 1980, is amended to read as follows:
  b.  A county rent guidelines board shall establish annually guidelines
for rent adjustments which, at its sole discretion  may  be  varied  and
different  for  and  within  the  several zones and jurisdictions of the
board, OR WITH RESPECT TO ONE OR MORE CLASSES OF HOUSING  ACCOMMODATIONS
SUBJECT TO THIS ACT, and in determining whether rents for housing accom-
modations  as  to  which an emergency has been declared pursuant to this
act shall be adjusted, shall consider among other things (1) A REPRESEN-
TATIVE STATISTICAL SAMPLE OF AUDITED INCOME AND  EXPENDITURE  STATEMENTS
OF  HOUSING ACCOMMODATIONS IN THE AFFECTED AREA, (2) the economic condi-
tion 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,  governmental 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)] AND (V) FEDERAL, STATE  AND  LOCAL  INCOME
TAX  LAWS,  (3)  relevant  data  from  the current and projected cost of

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06047-01-1
              

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