BILL NUMBER: S9650 REVISED 4/2/2026
SPONSOR: KRUEGER
 
TITLE OF BILL:
An act to amend the real property tax law, in relation to prohibiting
landlords from including incorrect information relating to rent decon-
trol in certain leases and renewals thereof and requires the standardi-
zation of certain notices pertaining to units subject to the Affordable
New York Housing Program
 
SUMMARY OF PROVISIONS:
Section 1 of the bill adds a new subparagraph (ii) of paragraph (f) to
section 421-a to the Real Property Law establishing that a landlord who
willfully includes information he or she knows to be misleading or
incorrect in any notice provided pursuant to a particular requirement of
the Real Property Tax Law is guilty of a violation punishable bya fine
of $1,000.
Section 2 of the bill amends section 421-a(2)(f)(i) to provide the
tenant with a standardized notice form. The notice form would include
information about rent stabilization and information about when the
stabilization protections will expire.
Section 3 of the bill is the effective date.
 
JUSTIFICATION:
Under current law, landlords receiving 421-a tax benefits are required
to provide tenants, when commencing or renewing a tease, with a notice
informing the tenant that the apartment shall become subject to decon-
trol upon the expiration of the tax benefits and providing an approxi-
mate date when such expiration will occur.
While this requirement, when properly adhered to, helps provide impor-
tant notice to rent regulated tenants that they may soon face a rent
increase, some landlords reportedly include such notices even in
instances where units will not become subject to decontrol upon the
expiration of 421-a benefits due to such units being subject to contin-
ued rent regulation under a different program or law.
Tenants should not be receiving false or misleading information from
their landlords about the pending deregulation of their homes, partic-
ularly under the guise of an otherwise legally-required notice. This
legislation would prohibit landlords subject to the 421-a lease notice
requirement from willfully including misleading or incorrect information
about the pending deregulation of the apartment in the notice.
 
LEGISLATIVE HISTORY:
2025: S.450 (Hoytman-Sigal)/A.659 (Rosenthal L) Passed Senate
2023-2024: S.1610 (Hoylman-Sigal)/A.245A (Rosenthal L) Passed Senate
2021-2022: S.76 (Hoylman-Sigal) Committed to Rules
2019-2020: S.5651-A (Hoylman-Sigat)/A.7990-A (Rosenthal L): Died in
Housing
 
FISCAL IMPLICATIONS:
None to the state.
 
EFFECTIVE DATE:
This act shall take effect on the sixtieth day after it shall have
become a law and shall apply to all leases entered into, renewed or
extended on and after such date. Effective immediately the addition,
amendment and/or repeal of any rule or regulation necessary for the
implementation of this act on its effective date are authorized to be
made and completed on or before such date.

Statutes affected:
S9650: 421-a real property tax law, 421-a(2) real property tax law