S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4061
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 31, 2025
                                ___________
 
 Introduced  by M. of A. GRAY, DeSTEFANO, SMULLEN, McDONOUGH, LEMONDES --
   read once and referred to the Committee on Housing
 
 AN ACT to amend the general  business  law,  in  relation  to  requiring
   short-term  rental  companies to provide an annual inventory of short-
   term rental locations and capacities, and monthly utilization data for
   each county in the state
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. This act shall be known and may be cited as the "short-term
 rental transparency and accountability act".
   §  2. The general business law is amended by adding a new article 42-A
 to read as follows:
                               ARTICLE 42-A
                        SHORT-TERM RENTAL INVENTORY
 SECTION 1150. DEFINITIONS.
         1151. ANNUAL INVENTORY.
         1152. MONTHLY REPORTING.
         1153. ENFORCEMENT AND PENALTIES.
   § 1150. DEFINITIONS. AS USED  IN  THIS  ARTICLE,  UNLESS  THE  CONTEXT
 OTHERWISE REQUIRES:
   1. "SHORT-TERM RENTAL" OR "STR" MEANS ANY INDIVIDUALLY OR COLLECTIVELY
 OWNED SINGLE-FAMILY OR ONE-TO-FOUR FAMILY HOUSE OR DWELLING UNIT, OR ANY
 UNIT  OR GROUP OF UNITS IN A CONDOMINIUM, COOPERATIVE OR TIMESHARE, THAT
 IS OFFERED FOR A FEE AND FOR LESS THAN THIRTY CONTINUOUS DAYS.
   2. "STR COMPANY" MEANS ANY ORGANIZATION, CORPORATION,  NETWORK,  PLAT-
 FORM  OR  OPERATOR  THAT FACILITATES THE PROVISION OF SHORT-TERM RENTALS
 AND COLLECTS OR RECEIVES A FEE IN CONNECTION WITH SUCH FACILITATION.
   § 1151. ANNUAL INVENTORY. 1. EACH STR  COMPANY  OPERATING  WITHIN  THE
 STATE  OF  NEW  YORK  SHALL PROVIDE AN ANNUAL INVENTORY TO THE GOVERNING
 BODY OF EACH COUNTY WITHIN THE STATE.  FOR  A  COUNTY  WHICH  IS  WHOLLY
 CONTAINED  WITHIN  A  CITY, SUCH INVENTORY SHALL BE PROVIDED TO THE CITY
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08227-01-5
              

 A. 4061                             2
 
 COUNCIL; PROVIDED THAT THE INFORMATION REQUIRED SHALL BE BROKEN DOWN  BY
 COUNTY.
   2.  THE  INVENTORY  SHALL  INCLUDE THE LOCATIONS AND CAPACITIES OF ALL
 SHORT-TERM RENTALS WITHIN THE JURISDICTION OF THAT COUNTY.
   3. THE INVENTORY SHALL BE PROVIDED NO LATER THAN JANUARY  THIRTY-FIRST
 OF  EACH  YEAR,  WITH  DATA  ACCURATE AS OF DECEMBER THIRTY-FIRST OF THE
 PRECEDING YEAR.
   § 1152. MONTHLY REPORTING. 1. EACH STR COMPANY  OPERATING  WITHIN  THE
 STATE  OF NEW YORK SHALL PROVIDE A MONTHLY REPORT TO THE GOVERNING BOARD
 OF EACH COUNTY WITHIN THE STATE. FOR A COUNTY WHICH IS WHOLLY  CONTAINED
 WITHIN  A  CITY,  SUCH  INVENTORY SHALL BE PROVIDED TO THE CITY COUNCIL;
 PROVIDED THAT THE INFORMATION REQUIRED SHALL BE BROKEN DOWN BY COUNTY.
   2. SUCH REPORT SHALL INCLUDE DATA ON  THE  UTILIZATION  OF  SHORT-TERM
 RENTALS  WITHIN THE JURISDICTION OF THAT COUNTY, INCLUDING THE NUMBER OF
 DAYS EACH UNIT WAS RENTED AND THE TOTAL NUMBER OF OCCUPANTS.
   3. SUCH REPORT SHALL ALSO INCLUDE DATA ON THE LENGTH OF STAY FOR  EACH
 RENTAL  UNIT,  INCLUDING  THE  AVERAGE,  MEDIAN, AND RANGE OF LENGTHS OF
 STAY.
   4. THE REPORT SHALL BE PROVIDED NO LATER THAN THE TENTH  DAY  OF  EACH
 MONTH, WITH DATA ACCURATE AS OF THE LAST DAY OF THE PRECEDING MONTH.
   § 1153. ENFORCEMENT AND PENALTIES. 1. EACH COUNTY, OR IN THE CASE OF A
 COUNTY  WHOLLY CONTAINED WITHIN A CITY, THE CITY COUNCIL, SHALL HAVE THE
 AUTHORITY TO ENFORCE THE PROVISIONS OF THIS ARTICLE.
   2. ANY STR COMPANY THAT FAILS TO COMPLY WITH THE REQUIREMENTS OF  THIS
 ARTICLE  SHALL BE SUBJECT TO A PENALTY OF UP TO ONE THOUSAND DOLLARS PER
 DAY FOR EACH DAY THE VIOLATION CONTINUES.
   § 3. This act shall take effect on the sixtieth  day  after  it  shall
 have become a law.