Senate Bill S5147

2011-2012 Legislative Session

Provides for the decontrol of housing accommodations upon vaccancy when the legal regulated rent is $1,500 or more

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Housing, Construction And Community Development 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

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2011-S5147 (ACTIVE) - Details

Current Committee:
Senate Housing, Construction And Community Development
Law Section:
Emergency Tenant Protection Act of 1974
Laws Affected:
Amd §5, Emerg Ten Prot Act of 1974; amd §2, Emerg Hous Rent Cont L; amd §§26-504.2 & 26-403, NYC Ad Cd

2011-S5147 (ACTIVE) - Summary

Provides for the decontrol of housing accommodations upon vaccancy when the legal regulated rent is $1,500 or more.

2011-S5147 (ACTIVE) - Sponsor Memo

2011-S5147 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5147

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                               May 3, 2011
                               ___________

Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
  printed to be committed to the Committee on Housing, Construction  and
  Community Development

AN  ACT  to amend the emergency tenant protection act of nineteen seven-
  ty-four, the emergency housing rent control law and the administrative
  code of the city of New York, in relation to the  rent  threshold  for
  the deregulation of rents upon vacancy

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Paragraph 13 of subdivision a of section 5 of section 4  of
chapter  576  of  the  laws  of  1974, constituting the emergency tenant
protection act of nineteen seventy-four, as amended by chapter 82 of the
laws of 2003, is amended to read as follows:
  (13) any housing accommodation with a legal regulated  rent  of  [two]
ONE  thousand FIVE HUNDRED dollars or more per month at any time between
the effective date of this paragraph and October first, nineteen hundred
ninety-three which is or becomes vacant on or after the  effective  date
of  this  paragraph, or any housing accommodation with a legal regulated
rent of [two] ONE thousand FIVE HUNDRED dollars or more per month at any
time on or after the effective date of the rent regulation reform act of
1997 which is or becomes vacant on or after the effective  date  of  the
rent  regulation  reform act of 1997. This exclusion shall apply regard-
less of whether the next tenant in occupancy or any subsequent tenant in
occupancy actually is charged or pays less than [two] ONE thousand  FIVE
HUNDRED dollars a month. Provided however, that this exclusion shall not
apply  to  housing accommodations which became or become subject to this
act (a) by virtue of receiving tax benefits  pursuant  to  section  four
hundred  twenty-one-a  or  four hundred eighty-nine of the real property
tax law, except as otherwise provided in subparagraph (i)  of  paragraph
(f)  of subdivision two of section four hundred twenty-one-a of the real
property tax law, or (b) by virtue of article seven-C  of  the  multiple

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11300-01-1
              

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