Amd S6, Emerg Ten Prot Act of 1974; amd S26-405, NYC Ad Cd
 
Prevents landlords from receiving a financial windfall from major capital improvements funded by the New York State energy and research development authority.
STATE OF NEW YORK
________________________________________________________________________
500--A
2013-2014 Regular Sessions
IN SENATE(Prefiled)
January 9, 2013
___________
Introduced by Sens. ESPAILLAT, HOYLMAN, KRUEGER -- read twice and
ordered printed, and when printed to be committed to the Committee on
Housing, Construction and Community Development -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
AN ACT to amend the emergency tenant protection act of nineteen seven-
ty-four and the administrative code of the city of New York, in
relation to prohibiting landlords from increasing rent for major capi-
tal improvements funded through state entities
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision d of section 6 of section 4 of chapter 576 of
2 the laws of 1974 constituting the emergency tenant protection act of
3 nineteen seventy-four is amended by adding a new paragraph 6 to read as
4 follows:
5 (6) notwithstanding paragraph three of this subdivision there shall be
6 no adjustment for any major capital improvement funded in any part from
7 moneys provided by the New York state energy research and development
8 authority.
9 § 2. Paragraph 1 of subdivision g of section 26-405 of the administra-
10 tive code of the city of New York, is amended by adding a new subpara-
11 graph (p) to read as follows:
12 (p) Notwithstanding subparagraphs (g) or (k) of this paragraph, there
13 shall be no adjustment for any major capital improvement or for any
14 other expenditures to improve, restore or preserve the quality of a
15 structure if such major capital improvement or such other expenditure is
16 funded in any part from moneys provided by the New York state energy
17 research and development authority.
18 § 3. This act shall take effect immediately; provided that:
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD01930-05-3
S. 500--A 2
1 (a) the amendments to subdivision d of section 6 of section 4 of the
2 emergency tenant protection act of nineteen seventy-four made by section
3 one of this act shall expire on the same date as such act expires and
4 shall not affect the expiration of such act as provided in section 17 of
5 chapter 576 of the laws of 1974; and
6 (b) the amendments to section 26-405 of the city rent and rehabili-
7 tation law made by section two of this act shall remain in full force
8 and effect only as long as the public emergency requiring the regulation
9 and control of residential rents and evictions continues, as provided in
10 subdivision 3 of section 1 of the local emergency housing rent control
11 act.