Assembly Bill A10224A

2019-2020 Legislative Session

Relates to suspending rent payments for certain residential tenants and small business commercial tenants and certain mortgage payments for ninety days in response to the outbreak of covid-19

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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Bill Amendments

co-Sponsors

2019-A10224 - Details

See Senate Version of this Bill:
S8125
Current Committee:
Assembly Judiciary
Law Section:
Real Property
Versions Introduced in 2021-2022 Legislative Session:
A2220

2019-A10224 - Summary

Suspends all rent payments for certain residential tenants and small business commercial tenants if such tenant has lost employment or was forced to close their place of business and certain mortgage payments for landlords of such tenants in the state for ninety days following the effective date of this act in response to the outbreak of coronavirus disease 2019 (COVID-19).

2019-A10224 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10224
 
                           I N  A S S E M B L Y
 
                              March 24, 2020
                                ___________
 
 Introduced  by  M. of A. NIOU -- read once and referred to the Committee
   on Judiciary
 
 AN ACT to suspend  rent  payments  and  certain  mortgage  payments  for
   certain  residential tenants and small business commercial tenants for
   ninety days in response to the outbreak of coronavirus
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  (a)  Notwithstanding  any other provision of law, rule or
 regulation to the contrary, any residential  tenant  or  small  business
 commercial  tenant  in the state that has lost income or has been forced
 to close their place of business  as  a  result  of  government  ordered
 restrictions  in  response  to  the outbreak of coronavirus disease 2019
 (COVID-19), shall have all  rent  payments  suspended  for  ninety  days
 following  the  effective  date  of this act. Such residential tenant or
 small business commercial tenant shall not and shall never  be  required
 to  pay  any  rent waived during such time period.  Every residential or
 small business commercial tenant whose lease expires  during  this  time
 period  shall  be  subject  to an automatic renewal lease at the current
 rent charged. Late fees shall not be collectable for rent accrued during
 this time period.
   (b) (i) Any person who faces a financial hardship as a result of being
 deprived rent payments for a covered property pursuant to  this  section
 shall  receive  forgiveness  on  any  mortgage payments for such covered
 property in an amount determined by the following fraction multiplied by
 such mortgage payment, up to the total dollar amount of lost rent:
   (A) The numerator shall be the total amount of rent payments suspended
 for his or her tenants over the ninety  day  period  laid  out  in  this
 section; and
   (B)  The  denominator shall be the total amount of rent payments typi-
 cally owed for such entire property over the ninety day period laid  out
 in this section.
   (ii) Any person qualifying for mortgage payment forgiveness under this
 paragraph  shall  not  and  shall  never be required to pay any mortgage
 waived during such time period.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

co-Sponsors

2019-A10224A (ACTIVE) - Details

See Senate Version of this Bill:
S8125
Current Committee:
Assembly Judiciary
Law Section:
Real Property
Versions Introduced in 2021-2022 Legislative Session:
A2220

2019-A10224A (ACTIVE) - Summary

Suspends all rent payments for certain residential tenants and small business commercial tenants if such tenant has lost employment or was forced to close their place of business and certain mortgage payments for landlords of such tenants in the state for ninety days following the effective date of this act in response to the outbreak of coronavirus disease 2019 (COVID-19).

2019-A10224A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                 10224--A
 
                           I N  A S S E M B L Y
 
                              March 24, 2020
                                ___________
 
 Introduced by M. of A. NIOU, EPSTEIN, DenDEKKER, SIMOTAS, TAYLOR, GLICK,
   HEVESI,  REYES, FRONTUS, L. ROSENTHAL -- read once and referred to the
   Committee on Judiciary -- committee discharged, bill amended,  ordered
   reprinted as amended and recommitted to said committee
 
 AN  ACT  to  suspend  rent  payments for certain residential tenants and
   small business commercial tenants  and  to  suspend  certain  mortgage
   payments for ninety days in response to the outbreak of coronavirus
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. (a) Notwithstanding any other provision  of  law,  rule  or
 regulation  to  the  contrary,  any residential tenant or small business
 commercial tenant in the state that has lost income or has  been  forced
 to  close  their  place  of  business  as a result of government ordered
 restrictions in response to the outbreak  of  coronavirus  disease  2019
 (COVID-19),  shall  have  all  rent  payments  suspended for ninety days
 following the effective date of this act.  Such  residential  tenant  or
 small  business  commercial tenant shall not and shall never be required
 to pay any rent waived during  such  time  period.    Every  residential
 tenant  or  small  business commercial tenant whose lease expires during
 this time period shall be subject to an automatic renewal lease  at  the
 current  rent  charged.  Late  fees  shall  not  be collectable for rent
 accrued during this time period.
   (b) (i) Any person or entity who  faces  a  financial  hardship  as  a
 result  of  being  deprived  rent payments for property pursuant to this
 section shall receive forgiveness on  any  mortgage  payments  for  such
 property for ninety days, in an amount determined by the following frac-
 tion  multiplied by such mortgage payment, up to the total dollar amount
 of lost rent:
   (A) The numerator shall be the total amount of rent payments suspended
 for his or her tenants over the ninety  day  period  laid  out  in  this
 section; and
   (B)  The  denominator shall be the total amount of rent payments typi-
 cally owed for such entire property over the ninety day period laid  out
 in this section.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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