New York Assembly Bill A01863

New York 2025-2026 Regular Session

• Introduced: 1/14/25
• Refer: 1/14/25
• Report Pass: 5/20/25
• Refer: 5/20/25

Caption

Requires certain agencies and individuals to provide notice regarding the rent increase exemption for low income elderly persons and persons with disabilities programs to tenants upon the occurrence of certain events.

Impact

The enactment of A01863 would impose stricter notification requirements on landlords and state agencies, enhancing the transparency of housing regulations. This change is expected to aid low-income elderly tenants and individuals with disabilities by ensuring they receive timely information regarding any potential exemptions from rent increases. Such informational outreach could alleviate some financial burdens for these populations, enabling them to better navigate their housing situations. Additionally, it may lead to increased participation in rent exemption programs, thereby promoting housing stability.

Summary

Bill A01863 proposes to amend the administrative code of the city of New York and the real property tax law concerning notification responsibilities regarding rent increase exemptions for low-income elderly individuals and persons with disabilities. The bill mandates that agencies and landlords provide tenants with a clear notice detailing their potential eligibility for rent increase exemptions at specific triggering events such as the application for a rent adjustment due to major capital improvements or rent increases as per existing housing finance laws. This legislation is aimed at ensuring that vulnerable populations are adequately informed of their rights and available assistance programs.

Contention

While the bill appears to be a significant step toward protecting the interests of vulnerable tenants, there may be concerns about the implications of such notification requirements on landlords. Some stakeholders might argue that the additional bureaucratic responsibilities imposed on property owners could lead to resistance and complications in compliance. Critics may also voice concerns regarding the potential administrative burden on state agencies tasked with delivering such notices, which could stretch already limited resources. The discourse surrounding A01863 is likely to reflect broader themes of balancing tenant rights with the interests of property owners in the New York City housing market.