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History
- Referred to housing, construction and community development
- Referred to housing, construction and community development
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Sets criteria for approval of rent increases resulting from major capital improvements in certain dwellings
In Assembly Committee · Housing · Sponsor Brian Kavanagh
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the administrative code of the city of New York and the emergency tenant protection act of nineteen seventy-four, in relation to approval of major capital improvement rent increases
Summary of provisions
This legislation establishes criteria for approval of rent increases to rent regulated property resulting from major capital improvements. The criteria will be used to insure that the work performed is an enhancement or upgrade to a housing accommodation or service and is not merely a repair or replacement of existing services. It also prohibits approval of major capital improvement rent increases when any outstanding hazardous violations exist.
Justification
Landlords currently utilize major capital improvement surcharges as a back door way to raise their tenant's rents. Although some MCI surcharges are legitimate, many landlords apply for and are granted the MCI surcharge for work that is not an improvement, but routine maintenance. This is not the intent of the MCI program. The problem stems from the fact that there are no statutory guidelines to direct the division of Housing and Community Renewal as to what will have no fiscal implications for the State.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.