Int. No. 215-A
By Council Members Perkins, The Speaker (Council Member Miller), Baez, Barron, Clarke, Comrie, Lopez, Martinez, Monserrate, Nelson, Quinn, Seabrook, Stewart, Vann, Gennaro, Addabbo Jr., Boyland, Weprin, Gerson, Liu, Katz, Recchia Jr., Provenzano, Rivera, Moskowitz and The Public Advocate (Ms. Gotbaum)
A Local Law to amend the administrative code of the city of New York, in relation to the rent payable by a tenant enrolled in the senior citizen rent increase exemption program when a rent reduction order has been issued.
Be it enacted by the Council as follows:
Section 1. Paragraph 3 of subdivision m of section 26-405 of the administrative code of the city of New York is amended by adding a new subparagraph (c) to read as follows:
(c) When a rent reduction order is issued by the city rent agency, the amount of the reduction shall be subtracted from the rent payable by the tenant specified in a currently valid rent exemption order issued pursuant to this subdivision. The landlord may not collect from the tenant a sum of rent exceeding the adjusted amount while the rent reduction order is in effect.
§2. Paragraph 3 of subdivision b of section 26-509 of the administrative code of the city of New York is amended by adding a new subparagraph (iii) to read as follows:
(iii) When a rent reduction order is issued by the state division of housing and community renewal, the amount of the reduction shall be subtracted from the rent payable by the tenant specified in a currently valid rent exemption order issued pursuant to this subdivision. The landlord may not collect from the tenant a sum of rent exceeding the adjusted amount while the rent reduction order is in effect.
§3. This local law shall take effect immediately after its enactment into law and shall apply to rent reduction orders issued by the state division of housing and community renewal in effect on or after such enactment date.
LS # 2825 (2003)
AT
2/7/05