Bill
S 6464
Overview: S 6464, "Provides for the determination of legal regulated base date rent for certain purposes", was referred to the Housing, Construction and Community Development commi
Overview: S 6464, "Provides for the determination of legal regulated base date rent for certain purposes", was referred to the Housing, Construction and Community Development committee on March 14, 2025.
Purpose and Intent: The bill aims to establish a clear and consistent method for determining the legal regulated base date rent for certain housing accommodations subject to rent control or rent stabilization laws.
Key Provisions:
- Defines the "legal regulated base date rent" as the rent in effect on the base date, which is the date the accommodation became subject to rent control or rent stabilization.
- Requires the Division of Housing and Community Renewal to establish a process for determining the legal regulated base date rent, including procedures for landlords to submit documentation and for tenants to challenge the rent amount.
- Provides that the legal regulated base date rent determined through this process shall be the lawful rent for the accommodation going forward.
Affected Parties and Impacts: The bill would affect landlords and tenants of housing accommodations subject to rent control or rent stabilization laws. It is intended to provide clarity and consistency in determining the legal regulated base date rent, which is a key factor in calculating future rent increases and other rent-related matters.
Procedural and Timeline Considerations: The bill has been referred to the Housing, Construction and Community Development committee and must go through the standard legislative process before potentially becoming law.
Compiled from official sources — confirm details with the bill’s official record.
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