New York S 450: Establishes a training wage equal to eighty-five percent of the state minimum wage or one hundred percent of the federal minimum wage

Bill Text

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S00450 Summary:

BILL NOS00450 

&nbsp

SAME ASSAME AS A00659

&nbsp

SPONSORHOYLMAN-SIGAL

&nbsp

COSPNSRWEBB

&nbsp

MLTSPNSR

&nbsp

Amd §421-a, RPT L

&nbsp

Prohibits landlords from including incorrect information relating to rent decontrol in certain leases and renewals thereof; imposes a violation punishable by a fine of $1000 for a violation by a landlord; requires the standardization of certain notices pertaining to units subject to the Affordable New York Housing Program.

Go to top S00450 Actions:

BILL NOS00450 

&nbsp

01/08/2025REFERRED TO JUDICIARY

01/27/2025REPORTED AND COMMITTED TO FINANCE

03/04/20251ST REPORT CAL.467

03/05/20252ND REPORT CAL.

03/10/2025ADVANCED TO THIRD READING 

05/13/2025PASSED SENATE

05/13/2025DELIVERED TO ASSEMBLY

05/13/2025referred to codes

06/10/2025substituted for a659

06/10/2025ordered to third reading rules cal.548

Go to topS00450 Committee&nbspVotes:

Go to topS00450 Floor&nbspVotes:

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

Go to topS00450 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 450

 2025-2026 Regular Sessions

 IN SENATE

 (Prefiled)

 January 8, 2025
 ___________

 Introduced by Sen. HOYLMAN-SIGAL -- read twice and ordered printed, and
 when printed to be committed to the Committee on Judiciary

 AN ACT to amend the real property tax law, in relation to prohibiting
 landlords from including incorrect information relating to rent decon-
 trol in certain leases and renewals thereof and requires the standard-
 ization of certain notices pertaining to units subject to the Afforda-
 ble New York Housing Program

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

 1 Section 1. Subparagraph (ii) of paragraph (f) of subdivision 2 of
 2 section 421-a of the real property tax law, as amended by chapter 289 of
 3 the laws of 1985, is amended to read as follows:
 4 (ii) with respect to units which become subject to the provisions of
 5 this section after the effective date of this subparagraph, such tax
 6 benefit period as provided in the opening paragraph of this paragraph or
 7 applicable law or act shall have expired and either each lease and
 8 renewal thereof for such unit for the tenant in residence at the time of
 9 such decontrol has included a notice in at least twelve point type
 10 informing such tenant that the unit shall become subject to such decon-
 11 trol upon the expiration of such tax benefit period as provided in the
 12 opening paragraph of this paragraph or applicable law or act and states
 13 the approximate date on which such tax benefit period as provided in the
 14 opening paragraph of this paragraph is scheduled to expire; or such unit
 15 becomes vacant as provided under subparagraph (i) of this paragraph.
 16 Neither a landlord nor any person acting on behalf of the landlord shall
 17 include incorrect or misleading information in any notice provided
 18 pursuant to this subparagraph. A landlord or any person acting on
 19 behalf of the landlord who willfully includes information they know or
 20 reasonably know to be misleading or incorrect information in any notice
 21 provided pursuant to this subparagraph or fails to provide the standard-

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD01952-01-5

 S. 450 2

 1 ized rider pursuant to paragraph (f-1) of this subdivision is guilty of
 2 a violation punishable by a fine of one thousand dollars.
 3 § 2. Subdivision 2 of section 421-a of the real property tax law is
 4 amended by adding a new paragraph (f-1) to read as follows:
 5 (f-1) The commissioner of housing and community renewal shall stand-
 6 ardize the notice to be provided by landlords to their tenants pursuant
 7 to subparagraph (ii) of paragraph (f) of this subdivision. Such notice
 8 shall be printed in at least twelve point type and shall include but not
 9 be limited to the following language:
 10 421-a Standard Rider Fact Sheet
 11 Any dwelling unit within an eligible site that receives tax benefits
 12 under section 421-a of the New York State Real Property Tax Law will
 13 remain rent stabilized for a period of time depending on a