Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 01, 2024 |
referred to housing |
Assembly Bill A10020
2023-2024 Legislative Session
Sponsored By
ROSENTHAL L
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
Actions
2023-A10020 (ACTIVE) - Details
- Current Committee:
- Assembly Housing
- Law Section:
- General Business Law
- Laws Affected:
- Add §344, Gen Bus L
- Versions Introduced in 2025-2026 Legislative Session:
-
A1417
2023-A10020 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10020 I N A S S E M B L Y May 1, 2024 ___________ Introduced by M. of A. L. ROSENTHAL -- read once and referred to the Committee on Housing AN ACT to amend the general business law, in relation to prohibiting the use of algorithmic pricing by a landlord for the purpose of determin- ing the amount of rent to charge a residential tenant THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The general business law is amended by adding a new section 344 to read as follows: § 344. USE OF PRICING ALGORITHMIC IN SETTING RENT AMOUNT PROHIBITED. 1. FOR THE PURPOSES OF THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (A) "PRICING ALGORITHM" SHALL MEAN ANY COMPUTATIONAL PROCESS, INCLUD- ING A COMPUTATIONAL PROCESS DERIVED FROM MACHINE LEARNING OR OTHER ARTI- FICIAL INTELLIGENCE TECHNIQUES, THAT PROCESSES DATA TO RECOMMEND OR SET A PRICE OR COMMERCIAL TERM THAT IS IN OR AFFECTING INTERSTATE OR FOREIGN COMMERCE. (B) "COORDINATOR" SHALL MEAN ANY OPERATOR OF A SOFTWARE OR DATA ANALYTICS SERVICE THAT PERFORMS A COORDINATING FUNCTION FOR ANY LAND- LORD, INCLUDING A LANDLORD PERFORMING A COORDINATING FUNCTION FOR SUCH LANDLORD'S OWN BENEFIT. (C) "NONPUBLIC COMPETITOR DATA": (I) SHALL MEAN NONPUBLIC DATA THAT IS DERIVED FROM OR OTHERWISE PROVIDED BY ANOTHER PERSON THAT COMPETES IN THE SAME MARKET AS A PERSON, OR A RELATED MARKET; AND (II) DOES NOT INCLUDE INFORMATION DISTRIBUTED, REPORTED, OR OTHERWISE COMMUNICATED IN A WAY THAT DOES NOT REVEAL ANY UNDERLYING DATA FROM A COMPETITOR, SUCH AS NARRATIVE INDUSTRY REPORTS, NEWS REPORTS, BUSINESS COMMENTARIES, OR GENERALIZED INDUSTRY SURVEY RESULTS. (D) "NONPUBLIC DATA" SHALL MEAN INFORMATION THAT IS NOT WIDELY AVAIL- ABLE OR EASILY ACCESSIBLE TO THE PUBLIC, INCLUDING INFORMATION ABOUT ACTUAL RENT PRICES, OCCUPANCY RATES, LEASE START AND END DATES, AND SIMILAR DATA, REGARDLESS OF WHETHER SUCH DATA IS ATTRIBUTABLE TO A SPECIFIC COMPETITOR OR ANONYMIZED. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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