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A08854 Summary:

BILL NOA08854
 
SAME ASSAME AS S06900
 
SPONSORRosenthal L
 
COSPNSR
 
MLTSPNSR
 
Rpld §26-405 sub a ¶¶3 & 4, NYC Ad Cd
 
Repeals provisions relating to the establishment of maximum base rents using the maximum gross building rental formula.
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A08854 Text:




 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          8854
 
                   IN ASSEMBLY
 
                                    January 18, 2024
                                       ___________
 
        Introduced  by  M.  of  A. L. ROSENTHAL -- read once and referred to the
          Committee on Housing
 
        AN ACT to repeal paragraphs 3 and 4 of subdivision a of  section  26-405
          of  the  administrative  code of the city of New York, relating to the
          establishment of maximum base rents using the maximum  gross  building
          rental formula

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Paragraphs 3 and 4 of subdivision a of  section  26-405  of
     2  the administrative code of the city of New York are REPEALED.
     3    § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11384-01-3
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