Bill Text: NY A08854 | 2023-2024 | General Assembly | Introduced

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

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-18 - referred to housing [A08854 Detail]

Download: New_York-2023-A08854-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          8854

                   IN ASSEMBLY

                                    January 18, 2024
                                       ___________

        Introduced  by  M.  of  A. L. ROSENTHAL -- read once and referred to the
          Committee on Housing

        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:

     1    Section 1. Paragraphs 3 and 4 of subdivision a of  section  26-405  of
     2  the administrative code of the city of New York are REPEALED.
     3    § 2. This act shall take effect immediately.








         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11384-01-3