Bill Text: NY A02750 | 2013-2014 | General Assembly | Amended

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Bill Title: Prevents landlords from receiving a financial windfall from major capital improvements funded by the New York State energy and research development authority.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2014-01-08 - referred to housing [A02750 Detail]

Download: New_York-2013-A02750-Amended.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                        2750--A
                              2013-2014 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 17, 2013
                                      ___________
       Introduced  by  M.  of A. KAVANAGH, KELLNER -- read once and referred to
         the Committee  on  Housing  --  committee  discharged,  bill  amended,
         ordered reprinted as amended and recommitted to said committee
       AN  ACT  to amend the emergency tenant protection act of nineteen seven-
         ty-four and the administrative code  of  the  city  of  New  York,  in
         relation to prohibiting landlords from increasing rent for major capi-
         tal improvements funded through state entities
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subdivision d of section 6 of section 4 of chapter  576  of
    2  the  laws  of  1974  constituting the emergency tenant protection act of
    3  nineteen seventy-four is amended by adding a new paragraph 6 to read  as
    4  follows:
    5    (6) NOTWITHSTANDING PARAGRAPH THREE OF THIS SUBDIVISION THERE SHALL BE
    6  NO  ADJUSTMENT FOR ANY MAJOR CAPITAL IMPROVEMENT FUNDED IN ANY PART FROM
    7  MONEYS PROVIDED BY THE NEW YORK STATE ENERGY  RESEARCH  AND  DEVELOPMENT
    8  AUTHORITY.
    9    S 2. Paragraph 1 of subdivision g of section 26-405 of the administra-
   10  tive  code  of the city of New York, is amended by adding a new subpara-
   11  graph (p) to read as follows:
   12    (P) NOTWITHSTANDING SUBPARAGRAPHS (G) OR (K) OF THIS PARAGRAPH,  THERE
   13  SHALL  BE  NO  ADJUSTMENT  FOR  ANY MAJOR CAPITAL IMPROVEMENT OR FOR ANY
   14  OTHER EXPENDITURES TO IMPROVE, RESTORE OR  PRESERVE  THE  QUALITY  OF  A
   15  STRUCTURE IF SUCH MAJOR CAPITAL IMPROVEMENT OR SUCH OTHER EXPENDITURE IS
   16  FUNDED  IN  ANY  PART  FROM MONEYS PROVIDED BY THE NEW YORK STATE ENERGY
   17  RESEARCH AND DEVELOPMENT AUTHORITY.
   18    S 3. This act shall take effect immediately; provided that:
   19    (a) the amendments to subdivision d of section 6 of section 4  of  the
   20  emergency tenant protection act of nineteen seventy-four made by section
   21  one  of  this  act shall expire on the same date as such act expires and
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD01930-04-3
       A. 2750--A                          2
    1  shall not affect the expiration of such act as provided in section 17 of
    2  chapter 576 of the laws of 1974; and
    3    (b)  the  amendments  to section 26-405 of the city rent and rehabili-
    4  tation law made by section two of this act shall remain  in  full  force
    5  and effect only as long as the public emergency requiring the regulation
    6  and control of residential rents and evictions continues, as provided in
    7  subdivision  3  of section 1 of the local emergency housing rent control
    8  act.