File #: Int 1366-2016    Version: Name: Auditing buildings for compliance with the rent registration requirements of the 421-a tax exemption program.
Type: Introduction Status: Enacted
Committee: Committee on Housing and Buildings
On agenda: 11/16/2016
Enactment date: 10/16/2017 Law number: 2017/194
Title: A Local Law to amend the administrative code of the city of New York, in relation to auditing buildings for compliance with the rent registration requirements of the 421-a tax exemption program
Sponsors: Jumaane D. Williams, Stephen T. Levin, Ydanis A. Rodriguez, Helen K. Rosenthal, Carlos Menchaca, Donovan J. Richards, Rosie Mendez, Vincent J. Gentile, Margaret S. Chin, Andrew Cohen, Ben Kallos, The Public Advocate (Ms. James)
Council Member Sponsors: 12
Summary: This bill would require the Department of Housing Preservation and Development to audit a certain number of buildings receiving benefits under section 421-a of the real property tax law annually to determine whether such buildings are in compliance with applicable rent registration requirements.
Attachments: 1. Legislative History Report, 2. Summary of Int. No. 1366, 3. Int. No. 1366, 4. November 16, 2016 - Stated Meeting Agenda with Links to Files, 5. Hearing Transcript - Stated Meeting 11-16-16, 6. Committee Report 11/22/16, 7. Hearing Testimony 11/22/16, 8. Hearing Transcript 11/22/16, 9. Proposed Int. No. 1366-A - 9/20/17, 10. Committee Report 9/20/17, 11. Hearing Transcript 9/20/17, 12. Fiscal Impact Statement, 13. September 27, 2017 - Stated Meeting Agenda with Links to Files, 14. Int. No. 1366-A (FINAL), 15. Hearing Transcript - Stated Meeting 9-27-17, 16. Mayor's Letter, 17. Local Law 194
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
10/17/2017AJumaane D. Williams City Council Recved from Mayor by Council  Action details Meeting details Not available
10/16/2017AJumaane D. Williams Mayor Signed Into Law by Mayor  Action details Meeting details Not available
10/16/2017AJumaane D. Williams Mayor Hearing Held by Mayor  Action details Meeting details Not available
9/27/2017AJumaane D. Williams City Council Sent to Mayor by Council  Action details Meeting details Not available
9/27/2017AJumaane D. Williams City Council Approved by CouncilPass Action details Meeting details Not available
9/20/2017*Jumaane D. Williams Committee on Housing and Buildings Hearing Held by Committee  Action details Meeting details Not available
9/20/2017*Jumaane D. Williams Committee on Housing and Buildings Amendment Proposed by Comm  Action details Meeting details Not available
9/20/2017*Jumaane D. Williams Committee on Housing and Buildings Amended by Committee  Action details Meeting details Not available
9/20/2017AJumaane D. Williams Committee on Housing and Buildings Approved by CommitteePass Action details Meeting details Not available
11/22/2016*Jumaane D. Williams Committee on Finance Laid Over by Committee  Action details Meeting details Not available
11/22/2016*Jumaane D. Williams Committee on Finance Hearing Held by Committee  Action details Meeting details Not available
11/22/2016*Jumaane D. Williams Committee on Housing and Buildings Laid Over by Committee  Action details Meeting details Not available
11/22/2016*Jumaane D. Williams Committee on Housing and Buildings Hearing Held by Committee  Action details Meeting details Not available
11/16/2016*Jumaane D. Williams City Council Referred to Comm by Council  Action details Meeting details Not available
11/16/2016*Jumaane D. Williams City Council Introduced by Council  Action details Meeting details Not available

Int. No. 1366-A

 

By Council Members Williams, Levin, Rodriguez, Rosenthal, Menchaca, Richards, Mendez, Gentile, Chin, Cohen, Kallos and the Public Advocate (Ms. James)

 

A Local Law to amend the administrative code of the city of New York, in relation to auditing buildings for compliance with the rent registration requirements of the 421-a tax exemption program

 

 

Be it enacted by the Council as follows:

 

                     Section 1. Title 26 of the administrative code of the city of New York is amended by adding a new chapter 16 to read as follows:

CHAPTER 16

 

AUDITS FOR COMPLIANCE WITH 421-A TAX EXEMPTION RENT REGISTRATION REQUIREMENTS

 

                     § 26-1601 Definitions.

                     § 26-1602 Audits.

                     § 26-1603 Results of audit.

                     

                     § 26-1601 Definitions. For the purposes of this chapter:   

                     Department. The term “department” means the department of housing preservation and development.

                     Rent registration requirement. The term “rent registration requirement” means any requirement that one or more dwelling units within a building receiving benefits under section 421-a of the real property tax law be fully subject to rent stabilization for a prescribed period, including, but not limited to, the requirement that such units be registered as rent stabilized with the state division of housing and community renewal.

Rent Stabilization. The term “rent stabilization” means, collectively, the rent stabilization law of 1969, the rent stabilization code, and the emergency tenant protection act of 1974, together with any successor statutes or regulations addressing substantially the same matter.

 

§ 26-1602 Audits. The department shall audit no fewer than 20 percent of all buildings that have completed construction and are receiving benefits under section 421-a of the real property tax law annually to determine whether the owners of such buildings are in compliance with all applicable rent registration requirements.

§ 26-1603 Results of audit. Where an audit performed pursuant to section 26-1602 reveals that a building owner is not in compliance with the applicable rent registration requirements, the department shall take action to bring such building into compliance, which action may include, but need but need not be limited to, commencing tax exemption revocation proceedings.

§ 2. This local law takes effect one year after it becomes law, except that the commissioner of housing preservation and development may take such actions as are necessary for its implementation, including the promulgation of rules, prior to such effective date.

 

 

JW/GP

LS 6733

9/6/17 2:06 PM