Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 13, 2025 |
print number 1417a |
Mar 13, 2025 |
amend and recommit to housing |
Jan 09, 2025 |
referred to housing |
Assembly Bill A1417A
2025-2026 Legislative Session
Sponsored By
ROSENTHAL
Current 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
Bill Amendments
2025-A1417 - Details
- Current Committee:
- Assembly Housing
- Law Section:
- General Business Law
- Laws Affected:
- Add §344, Gen Bus L
- Versions Introduced in 2023-2024 Legislative Session:
-
A10020
2025-A1417 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1417 2025-2026 Regular Sessions I N A S S E M B L Y January 9, 2025 ___________ Introduced by M. of A. 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 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04298-01-5
2025-A1417A (ACTIVE) - Details
- Current Committee:
- Assembly Housing
- Law Section:
- General Business Law
- Laws Affected:
- Add §344, Gen Bus L
- Versions Introduced in 2023-2024 Legislative Session:
-
A10020
2025-A1417A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1417--A 2025-2026 Regular Sessions I N A S S E M B L Y January 9, 2025 ___________ Introduced by M. of A. ROSENTHAL -- read once and referred to the Committee on Housing -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee 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) "COMPETITOR DATA": (I) SHALL MEAN NONPUBLIC OR PUBLIC DATA THAT IS DERIVED FROM OR OTHER- WISE 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. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04298-02-5 A. 1417--A 2
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