New York A 2701: Relates to increasing fines for the late filing of rent registration statements

Bill Text

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A02701 Summary:

BILL NOA02701 

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SAME ASSAME AS S02283

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SPONSOREpstein

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COSPNSR

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MLTSPNSR

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Amd §26-517, NYC Ad Cd; amd §12-a, Emerg Ten Prot Act of 1974

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Increases fines for the late filing of rent registration statements; provides that a late filing fine shall be one thousand dollars.

Go to top A02701 Actions:

BILL NOA02701 

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01/22/2025referred to housing

12/08/2025enacting clause stricken

Go to topA02701 Committee&nbspVotes:

Go to topA02701 Floor&nbspVotes:

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

Go to topA02701 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2701

 2025-2026 Regular Sessions

 IN ASSEMBLY

 January 22, 2025
 ___________

 Introduced by M. of A. EPSTEIN -- read once and referred to the Commit-
 tee on Housing

 AN ACT to amend the administrative code of the city of New York and the
 emergency tenant protection act of nineteen seventy-four, in relation
 to surcharges assessed for the late filing of rent registration state-
 ments

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

 1 Section 1. Subdivision e of section 26-517 of the administrative code
 2 of the city of New York, as amended by section 1 of part C of chapter
 3 760 of the laws of 2023, is amended to read as follows:
 4 e. The failure to file a proper and timely initial or annual rent
 5 registration statement shall, until such time as such registration is
 6 filed, bar an owner from applying for or collecting any rent in excess
 7 of the legal regulated rent in effect on the date of the last preceding
 8 registration statement or if no such statements have been filed, the
 9 legal regulated rent in effect on the date that the housing accommo-
 10 dation became subject to the registration requirements of this section.
 11 The filing of a late registration shall result in the prospective elimi-
 12 nation of such sanctions and provided that increases in the legal regu-
 13 lated rent were lawful except for the failure to file a timely registra-
 14 tion, the owner, upon the service and filing of a late registration,
 15 shall not be found to have collected an overcharge at any time prior to
 16 the filing of the late registration. In addition to all other require-
 17 ments set forth in this subdivision, in the event a timely rent regis-
 18 tration is not filed and after notice of such delinquency is provided by
 19 the state division of housing and community renewal to the owner in the
 20 form of electronic mail and mail to the address listed in the owner's
 21 most recent registration statement, the owner shall be subject to a fine
 22 of [five hundred] one thousand dollars per unregistered unit for each
 23 month the registration is delinquent. Such a fine shall be imposed by

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD05787-01-5

 A. 2701 2

 1 order, and such order imposing a fine shall be deemed a final determi-
 2 nation for the purposes of judicial review. Such fine may, upon the
 3 expiration of the period for seeking review pursuant to article seven-
 4 ty-eight of the civil practice law and rules, be docketed and enforced
 5 in the manner of a judgment of the supreme court by the state division
 6 of housing and community renewal.
 7 § 2. Subdivision e of section 12-a of section 4 of chapter 576 of the
 8 laws of 1974, constituting the emergency tenant protection act of nine-
 9 teen seventy-four, as amended by section 2 of part C of chapter 760 of
 10 the laws of 2023, is amended to read as follows:
 11 e. The failure to file a proper and timely initial or annual rent
 12 registration statement shall, until such time as such registration is
 13 filed, bar an owner from applying for or collecting any rent in excess
 14 of the legal regulated rent in effect on the date of the last preceding
 15 registration statement or if no such statements have been filed, the
 16 legal regulated rent in effect on the date that the housing accommo-
 17 dation became subject to the registration requirements of this section.
 18 The filing of a late registration shall result in the prospect