NY State Senate Bill 2025-S3208

Senate Bill S3208

2025-2026 Legislative Session

Repeals provisions of the administrative code of the city of New York relating to the establishment of maximum base rents using the maximum gross building rental formula; repealer

download bill text pdf

Current Bill Status - On Floor Calendar

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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Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Feb 05, 2025	advanced to third reading
Feb 04, 2025	2nd report cal.
Feb 03, 2025	1st report cal.218
Jan 24, 2025	referred to housing, construction and community development

Votes

- Feb 3, 2025 - Housing, Construction And Community Development Committee Vote
  S3208
  
  8
  
  Aye
  
  0
  
  Nay
  
  3
  
  Aye with Reservations
  
  0
  
  Absent
  
  0
  
  Excused
  
  0
  
  Abstained
  - - Housing, Construction And Community Development Committee Vote: Feb 3, 2025
      
      aye (8)
      
      Brisport
      
      Cleare
      
      Jackson
      
      Kavanagh
      
      May
      
      Rivera
      
      Ryan
      
      Salazar
      
      aye wr (3)
      
      Helming
      
      Martins
      
      Walczyk

co-Sponsors

2025-S3208 (ACTIVE) - Details

See Assembly Version of this Bill:: A2286
Law Section:: New York City Administrative Code
Laws Affected:: Rpld §26-405 sub a ¶¶3 & 4, NYC Ad Cd
Versions Introduced in 2023-2024 Legislative Session:: S6900, A8854

2025-S3208 (ACTIVE) - Summary

Repeals provisions relating to the establishment of maximum base rents using the maximum gross building rental formula.

2025-S3208 (ACTIVE) - Sponsor Memo

                                 
BILL NUMBER: S3208

SPONSOR: KAVANAGH
 
TITLE OF BILL:

An act to repeal paragraphs 3 and 4 of subdivision a of section 26-405
of the administrative code of the city of New York, relating to the
establishment of maximum base rents using the maximum gross building
rental formula

 
PURPOSE OR GENERAL IDEA OF BILL:

To eliminate the requirement that owners submit an operation and mainte-
nance expense report biannually to DHCR to obtain a maximum base rental
increase on a rent controlled apartment.

 
SUMMARY OF PROVISIONS:

Section 1 of the bill repeals sections (3) and (4) of subsection a of
section 26-405 of the administrative code of the City of New York, which
requires the division of housing and community renewal to establish
maximum rents using a maximum gross building rental formula, and

requires building owners to provide the data necessary for DHCR to apply
the formula.

Section 2 of the bill sets forth the effective date.

 
JUSTIFICATION:

The Housing Stability and Tenant Protection Act of 2019 changed the
manner in which maximum rent increases are determined for rent
controlled apartments. Previously, the State Division of Housing and
Community Renewal (DHCR) would calculate maximum base rent increases
based on operation and maintenance expense data submitted by building
owners. The HSTPA superseded this method and set increases at the aver-
age of the five most recent annual rent increases for one-year renewals
approved by the Rent Guidelines Board for rent stabilized apartments.
This bill eliminates two provisions of the New York City Administrative
Code related to the method that HSTPA superseded.

 
PRIOR LEGISLATIVE HISTORY:

2024: S6900 (Kavanagh) - COMMITTED TO RULES /A8854 (Rosenthal L) -
referred to housing

2023: S6900 (Kavanagh) - COMMITTED TO RULES

FISCAL IMPLICATIONS:

None.

 
EFFECTIVE DATE:
This act shall take effect immediately.

2025-S3208 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3208
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             January 24, 2025
                                ___________
 
 Introduced by Sens. KAVANAGH, JACKSON -- read twice and ordered printed,
   and  when  printed  to  be  committed  to  the  Committee  on Housing,
   Construction and Community Development
 
 AN ACT to repeal paragraphs 3 and 4 of subdivision a of  section  26-405
   of  the  administrative  code of the city of New York, relating to the
   establishment of maximum base rents using the maximum  gross  building
   rental formula
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraphs 3 and 4 of subdivision a of  section  26-405  of
 the administrative code of the city of New York are REPEALED.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05701-01-5

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Senate Bill S3208

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Sponsored By

Brian Kavanagh