New York S 7586: Prohibits increase in maximum rents unless essential tenant services are maintained

Bill Text

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S07586 Summary:

BILL NOS07586 

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SAME ASNo Same As

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SPONSORCLEARE

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COSPNSR

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MLTSPNSR

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Amd §31, Priv Hous Fin L

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Prohibits any increase in the average monthly rental of a property by a limited-profit housing company unless the appropriate local housing agency certifies that there exists no recorded violations against such property or that all recorded violations have been cleared, corrected or abated, and that such company is maintaining all essential services required to be furnished.

Go to top S07586 Actions:

BILL NOS07586 

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04/23/2025REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

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

Go to topS07586 Committee&nbspVotes:

Go to topS07586 Floor&nbspVotes:

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

Go to topS07586 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7586

 2025-2026 Regular Sessions

 IN SENATE

 April 23, 2025
 ___________

 Introduced by Sen. CLEARE -- read twice and ordered printed, and when
 printed to be committed to the Committee on Housing, Construction and
 Community Development

 AN ACT to amend the private housing finance law, in relation to prohib-
 iting increases in maximum rents for dwellings unless all essential
 services are maintained and requiring certification of other condi-
 tions

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

 1 Section 1. Section 31 of the private housing finance law is amended
 2 by adding a new subdivision 1-a to read as follows:
 3 1-a. Notwithstanding any other provision of this chapter no applica-
 4 tion for an increase in the average monthly rental may be filed unless
 5 (a) a certificate of the appropriate department or agency having juris-
 6 diction thereof is annexed to such application stating either that there
 7 are no recorded violations against such property or that all violations
 8 therein recorded against such property have been cleared, corrected or
 9 abated, or a portion of the increase is specifically set aside in a
 10 trust fund to correct all violations; and (b) the company or other
 11 applicant certifies it is maintaining all essential services required to
 12 be furnished and will continue to maintain such services.
 13 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD11743-01-5

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