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NY A05245
Bill
Status
2/12/2025
Primary Sponsor
Michaelle Solages
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AI Summary
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Prohibits landlords, lessors, sub-lessors, rental brokers, real estate agents, and apartment rental clearinghouses from requesting consumer credit reports when evaluating rental applications
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Defines "consumer report" broadly to include any communication bearing on a consumer's creditworthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living
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Establishes civil penalties for natural persons: $5,000 for first violation and $25,000 for second or subsequent violations
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Establishes civil penalties for corporate entities: $50,000 for first violation and $150,000 for second or subsequent violations
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Takes effect 90 days after becoming law and may be cited as the "Fair Chance: Reforming the Use of Credit Checks in Tenant Screening Act"
Legislative Description
Prohibits a landlord, lessor, sub-lessor, rental broker, real estate agent, or apartment rental clearinghouse from requesting from a potential lessee or a consumer reporting agency a consumer report for the purposes of evaluating a rental application; provides penalties for violations.
Last Action
referred to housing
1/7/2026