New York Assembly Bill A08854 Latest Draft

   
  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 Paragraphs 3 and 4 of subdivision a of section 26-405 of 2 the administrative code of the city of New York are REPEALED. 3 § 2.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