S03208 Summary:
BILL NO | S03208 |
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SAME AS | SAME AS A02286 |
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SPONSOR | KAVANAGH |
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COSPNSR | JACKSON |
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MLTSPNSR | |
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Rpld §26-405 sub a ¶¶3 & 4, NYC Ad Cd | |
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Repeals provisions relating to the establishment of maximum base rents using the maximum gross building rental formula. |
S03208 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 3208 2025-2026 Regular Sessions IN SENATE January 24, 2025 ___________ Introduced by Sens. KAVANAGH, JACKSON -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Community Development 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 Paragraphs 3 and 4 of subdivision a of section 26-405 of 2 the administrative code of the city of New York are REPEALED. 3 § 2.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. LBD05701-01-5