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NY A01642
Bill
Status
1/10/2025
Primary Sponsor
Linda Rosenthal
Click for details
AI Summary
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Amends the Emergency Tenant Protection Act of 1974 regarding how legal regulated base date rent is calculated for rent overcharge complaints
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Requires that when an overcharge is found, the legal regulated base date rent at the four-year lookback must be determined using either the survey sampling method or the default method if fraud is present
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Applies to housing accommodations in cities with populations under one million, as well as towns and villages where a housing emergency has been declared
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Maintains existing provisions requiring landlords found to have collected overcharges to pay penalties of three times the overcharge amount, or the overcharge plus interest if the violation was not willful or negligent
Legislative Description
Provides that the determination of legal regulated base date rent at the four-year lookback shall be determined by either the survey sampling method or the default method if there is fraud.
Last Action
referred to housing
1/7/2026