Assembly Bill A3219

2017-2018 Legislative Session

Requires the rent guidelines board to take other sources of income received by landlords from commercial rents and unregulated residential units into account when establishing annual calculations

download bill text pdf

Sponsored By

Archive: Last 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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2017-A3219 (ACTIVE) - Details

Current Committee:
Assembly Housing
Law Section:
New York City Administrative Code
Laws Affected:
Amd §26-510, NYC Ad Cd
Versions Introduced in Other Legislative Sessions:
2009-2010: A5450
2011-2012: A1464
2013-2014: A745
2015-2016: A594
2019-2020: A1392
2021-2022: A3262
2023-2024: A1212

2017-A3219 (ACTIVE) - Summary

Requires the rent guidelines board to take other sources of income received by landlords from commercial rents and unregulated residential units into account when establishing annual calculations.

2017-A3219 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3219
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 27, 2017
                                ___________
 
 Introduced  by  M.  of  A.  ROSENTHAL,  GOTTFRIED, KAVANAGH, DINOWITZ --
   Multi-Sponsored by -- M. of A. COLTON, GLICK -- read once and referred
   to the Committee on Housing
 
 AN ACT to amend the administrative code of the  city  of  New  York,  in
   relation  to requiring the rent guidelines board to take other sources
   of income received by landlords from commercial rents and  unregulated
   residential units into account when establishing annual calculations
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph 3 of subdivision  b  of  section  26-510  of  the
 administrative  code  of  the city of New York is renumbered paragraph 4
 and a new paragraph 3 is added to read as follows:
   (3) ALL OTHER SOURCES OF  INCOME  FROM  BUILDINGS  CONTAINING  HOUSING
 ACCOMMODATIONS  SUBJECT  TO  THIS  LAW  INCLUDING,  BUT  NOT LIMITED TO,
 COMMERCIAL RENTS AND RENT FROM UNREGULATED RESIDENTIAL  UNITS,  AND  THE
 EXTENT TO WHICH SUCH CHANGES OFFSET CHANGES IN COST,
   §  2.  This act shall take effect immediately, provided, however, that
 the amendments to section 26-510 of chapter 4 of title 26 of the  admin-
 istrative  code  of the city of New York made by section one of this act
 shall expire on the same date as such law expires and shall  not  affect
 the expiration of such law as provided under section 26-520 of such law.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05438-01-7

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