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History
- Referred to housing, construction and community development
- Referred to housing, construction and community development
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S1305
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 charges for the installation or use of certain appliances in housing accommodations subject to rent control and rent stabilization
Purpose or general idea of bill
To amend the administrative code of the city of New York and the emergency tenant protection act of 1974 so that in rent stabilized and controlled properties, charges for new appliance are capped once the owner recoups the reimbursement, interest and installation charges.
Summary of specific provisions
The administrative code of the city of New York is amended by adding a new section 26-513.1. Once a landlord recoups capital costs, including installation and interest for new appliances, those charges will be removed from leases in rent-controlled and rent-stabilized buildings. Landlords must keep all records of payment.
Justification
Once a tenant covers the costs of a new appliance including installation and interest, that tenant should not be charged additional funds. This amount should then be deducted from the monthly rental fee. New appliance costs end up as a rent hike once the total costs are recovered by a landlord. Any payments that exceed the cost of the appliance, installation and any interest are simply a rent hike.
Prior legislative history
This bill was previously introduced.
Fiscal implications
None.
Effective date
Immediately, provided that section 26-513.1 of the rent stabilization law of nineteen hundred sixty-nine as added by section one of this act shall expire on the same date as such law expires and shall not affect the expiration of such law as provided under section 26-520 of such law; provided further that the amendments to section 4 of the emergency tenant protection act of nineteen seventy-four made by section two of this act shall expire on the same date as such act expires and shall not affect the expiration of such act as provided in section 17 of chapter 576 of the laws of 1974 as amended.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.