File #: Int 0653-2024    Version: Name: Continuation of the New York city rent stabilization law.
Type: Introduction Status: Enacted
Committee: Committee on Housing and Buildings
On agenda: 3/7/2024
Enactment date: 3/25/2024 Law number: 2024/047
Title: A Local Law to amend the administrative code of the city of New York, in relation to continuation of the New York city rent stabilization law
Sponsors: Pierina Ana Sanchez, Justin L. Brannan, Farah N. Louis, Gale A. Brewer, Eric Dinowitz
Council Member Sponsors: 5
Summary: This bill would extend the expiration date of the New York City Rent Stabilization Law of 1969 from April 1, 2024 to April 1, 2027.
Attachments: 1. Summary of Int. No. 653-A, 2. Summary of Int. No. 653, 3. Int. No. 653, 4. Committee Report 3/6/24, 5. Hearing Testimony 3/6/24, 6. Hearing Transcript 3/6/24, 7. March 7, 2024 - Stated Meeting Agenda, 8. Hearing Transcript - Stated Meeting 3-7-24, 9. Proposed Int. No. 653-A - 3/11/24, 10. Committee Report 3/19/24, 11. Hearing Transcript 3/19/24, 12. Committee Report - Stated Meeting, 13. March 19, 2024 - Stated Meeting Agenda, 14. Hearing Transcript - Stated Meeting 3-19-24, 15. Int. No. 653-A (FINAL), 16. Fiscal Impact Statement, 17. Mayor's Letter, 18. Local Law 47
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
3/25/2024APierina Ana Sanchez City Council Recved from Mayor by Council  Action details Meeting details Not available
3/25/2024APierina Ana Sanchez Mayor Signed Into Law by Mayor  Action details Meeting details Not available
3/25/2024APierina Ana Sanchez Mayor Hearing Held by Mayor  Action details Meeting details Not available
3/19/2024APierina Ana Sanchez City Council Sent to Mayor by Council  Action details Meeting details Not available
3/19/2024APierina Ana Sanchez City Council Approved by CouncilPass Action details Meeting details Not available
3/19/2024*Pierina Ana Sanchez Committee on Housing and Buildings Hearing Held by Committee  Action details Meeting details Not available
3/19/2024*Pierina Ana Sanchez Committee on Housing and Buildings Amendment Proposed by Comm  Action details Meeting details Not available
3/19/2024*Pierina Ana Sanchez Committee on Housing and Buildings Amended by Committee  Action details Meeting details Not available
3/19/2024APierina Ana Sanchez Committee on Housing and Buildings Approved by CommitteePass Action details Meeting details Not available
3/7/2024*Pierina Ana Sanchez City Council Referred to Comm by Council  Action details Meeting details Not available
3/7/2024*Pierina Ana Sanchez City Council Introduced by Council  Action details Meeting details Not available
3/6/2024*Pierina Ana Sanchez Committee on Housing and Buildings Hearing on P-C Item by Comm  Action details Meeting details Not available
3/6/2024*Pierina Ana Sanchez Committee on Housing and Buildings P-C Item Laid Over by Comm  Action details Meeting details Not available

Int. No. 653-A

 

By Council Members Sanchez, Brannan, Louis, Brewer and Dinowitz

 

A Local Law to amend the administrative code of the city of New York, in relation to continuation of the New York city rent stabilization law

 

Be it enacted by the Council as follows:

 

Section 1. Section 26-502 of the administrative code of the city of New York, as amended by local law number 69 for the year 2022, is amended to read as follows:

§ 26-502 Additional findings and declaration of emergency. The council hereby finds that a serious public emergency continues to exist in the housing of a considerable number of persons [with] within the city of New York and will continue to exist on and after [July] April 1, [2022] 2024 and hereby reaffirms and repromulgates the findings and declaration set forth in section 26-501 of this title.

§ 2. Section 26-520 of the administrative code of the city of New York, as amended by local law number 69 for the year 2022, is amended to read as follows:

§ 26-520 Expiration date. This chapter shall expire on April 1, [2024] 2027 unless rent control shall sooner terminate as provided in subdivision three of section one of the local emergency housing rent control law.

§ 3. This local law takes effect immediately.

 

 

 

 

 

 

TZ/APM

LS # 15570

3/11/24 5:18 PM