New York S 2065: Requires disclosure terms relating to prepaid calling cards to be provided in languages other than English and increases fines for violations of disclosure requirements

Bill Text

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S02065 Summary:

BILL NOS02065 

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SAME ASNo Same As

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SPONSORTEDISCO

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COSPNSRBORRELLO, GALLIVAN, HELMING, OBERACKER, ORTT, PALUMBO

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MLTSPNSR

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Establishes a rental assistance loan-to-grant program to assist landlords of small rental properties who have lost rental income due to the inability of the landlords' tenants to pay rent during the COVID-19 state disaster emergency; provides for the repeal of such provisions upon the expiration thereof.

Go to top S02065 Actions:

BILL NOS02065 

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01/15/2025REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

01/07/2026REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

Go to topS02065 Committee&nbspVotes:

Go to topS02065 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS02065 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2065

 2025-2026 Regular Sessions

 IN SENATE

 January 15, 2025
 ___________

 Introduced by Sens. TEDISCO, BORRELLO, GALLIVAN, HELMING, OBERACKER,
 ORTT, PALUMBO -- read twice and ordered printed, and when printed to
 be committed to the Committee on Housing, Construction and Community
 Development

 AN ACT to establish a rental assistance loan-to-grant program to assist
 landlords of small rental properties who have lost rental income due
 to the inability of the landlords' tenants to pay rent during the
 COVID-19 state disaster emergency; and providing for the repeal of
 such provisions upon the expiration thereof

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. 1. (a) There shall be established in the New York Division
 2 of Housing and Community Renewal a rental assistance loan-to-grant
 3 program ("the program") to assist landlords of small rental properties
 4 who have lost rental income due to the inability of the landlord's
 5 tenants to pay rent during the period of the COVID-19 state disaster
 6 emergency declared pursuant to executive order 202 of 2020. The program
 7 shall be administered by the Commissioner of the New York Division of
 8 Housing and Community Renewal.
 9 (b) The program shall provide loans to landlords of residential prop-
 10 erties containing up to six rental units for the purpose of covering
 11 rent arrearages owed by tenants of the building who were unable to pay
 12 rent during the COVID-19 state disaster emergency due to unemployment or
 13 medical emergency and accrued during the state disaster emergency
 14 declared pursuant to executive order 202 of 2020. If a tenant subse-
 15 quently pays the landlord the arrearages in rent, in whole or in part,
 16 the landlord shall pay such funds to the program as full or partial
 17 repayment of the loan. If a tenant does not pay the landlord the arrear-
 18 ages in rent, that portion of the loan from the program shall be
 19 converted by the Division of Housing and Community Renewal into a grant

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD05406-01-5

 S. 2065 2

 1 to the landlord and the landlord shall be held harmless from any obli-
 2 gation to repay such portion of the loan, absent any fraud.
 3 2. The program shall be funded with monies from the following sources:
 4 (a) all funds received by the state of New York from the federal Emer-
 5 gency Rental Assistance program;
 6 (b) any funds remaining from monies allocated to the state of New York
 7 from the federal Coronavirus Aid, Relief, and Economic Security (CARES)
 8 Act of 2020 (P.L. 116-136) for the Emergency Rent Relief Act of 2020,
 9 pursuant to chapter one hundred twenty-five of the laws of two thousand
 10 twenty, such that the sum of such funds actually expended pursuant to
 11 such chapter and that such funds reallocated and expended pursuant to
 12 this article shall equal one hundred million dollars; and
 13 (c) any additional funds allocated by the federal government to the
 14 state of New York for emergency rental or utility assistance related to
 15 the COVID-19 pandemic.
 16 3. The Commissioner of the New York State Division of Housing and
 17 Community Renewal will promulgate rules and regulations for the imple-
 18 mentation and administration of the program i