Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2018 |
referred to judiciary |
Jan 06, 2017 |
referred to judiciary |
Senate Bill S1217
2017-2018 Legislative Session
Sponsored By
(D, WF) 33rd Senate District
Archive: Last Bill Status - In Senate Committee Judiciary 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
co-Sponsors
(D) 32nd Senate District
2017-S1217 (ACTIVE) - Details
2017-S1217 (ACTIVE) - Sponsor Memo
BILL NUMBER: S1217 TITLE OF BILL : An act to amend the real property law, in relation to landlord's proposed rental amenity changes and increased rent PURPOSE OR GENERAL IDEA OF BILL: : This bill would control the ever-rising property tax by limiting the amount by which the City of New York may increase property taxes each year. SUMMARY OF SPECIFIC PROVISIONS: : Section 1 of the bill would add a new § 3-e to the General Municipal Law to establish a real property tax levy cap for New York City. Under the property tax levy cap: *New York City may not its property tax levy by more than 2 percent or the rate of inflation (whichever is less). *New York City may exceed the tax levy cap only if the City Council, by a two-thirds vote by local law overriding the tax levy cap. * The cap will have limited exceptions including: *Personal injury settlements that exceed 10 percent of the taxing
2017-S1217 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1217 2017-2018 Regular Sessions I N S E N A T E January 6, 2017 ___________ Introduced by Sen. RIVERA -- read twice and ordered printed, and when printed to be committed to the Committee on Judiciary AN ACT to amend the real property law, in relation to landlord's proposed rental amenity changes and increased rent THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 226-a of the real property law, as added by chapter 76 of the laws of 1959 and renumbered by chapter 107 of the laws of 1975, is amended to read as follows: § 226-a. Effect of new lease on tenant's right to remove OR DENY fixtures or improvements. 1. Unless otherwise expressly agreed, where a tenant has a right to remove fixtures or improvements, such right shall not be lost or impaired by reason of his acceptance of a new lease of the same premises without any surrender of possession between terms. 2. TENANTS SHALL HAVE THE OPTION TO DECLINE PROPOSED RENTAL AMENITY CHANGES RECOMMENDED BY THE LANDLORDS SO LONG AS THE AMENITY CHANGES ARE NOT ESSENTIAL TO THE FOUNDATION AND FUNCTION OF THE BUILDING, SUCH AS HEATING, SUPPORT, PLUMBING, ETC. AND THE CHANGES WOULD RESULT IN AN INCREASE IN RENT. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00166-01-7
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